📊 GBP/AUD Price Action Update 🎯
🔹 Current Price: 2.05941
🔹 Timeframe: 15M
📌 Key Support Levels (Demand Zones):
🟢 2.05795 – First Support
🟢 2.05327 – Second Support
🟢 2.04939 – Third Support
🟢 2.04012 – Fourth Support
📈 Bullish Scenario:
If price holds above 2.05795, we might see a push towards 2.06663 and beyond.
A breakout above this level could confirm a strong bullish continuation.
📉 Bearish Scenario:
If price breaks below 2.05795, the next supports at 2.05327 and 2.04939 will be key reaction zones.
A break below 2.04012 could signal a deeper retracement.
⚡ Trading Tip:
Look for confirmations before entering buy/sell trades.
Watch for bullish rejection at demand zones for long positions.
Sell near resistance with bearish confirmation.
#GBPAUD #ForexTrading #PriceAction #TechnicalAnalysis #SmartMoney #ForexSignals
🔹 Current Price: 2.05941
🔹 Timeframe: 15M
📌 Key Support Levels (Demand Zones):
🟢 2.05795 – First Support
🟢 2.05327 – Second Support
🟢 2.04939 – Third Support
🟢 2.04012 – Fourth Support
📈 Bullish Scenario:
If price holds above 2.05795, we might see a push towards 2.06663 and beyond.
A breakout above this level could confirm a strong bullish continuation.
📉 Bearish Scenario:
If price breaks below 2.05795, the next supports at 2.05327 and 2.04939 will be key reaction zones.
A break below 2.04012 could signal a deeper retracement.
⚡ Trading Tip:
Look for confirmations before entering buy/sell trades.
Watch for bullish rejection at demand zones for long positions.
Sell near resistance with bearish confirmation.
#GBPAUD #ForexTrading #PriceAction #TechnicalAnalysis #SmartMoney #ForexSignals
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
fxforever
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.