GBPAUD - Expect retracement ✅
Hello traders!
‼️ This is my perspective on GBPAUD.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I expect price to continue the retracement to fill the imbalance higher and then to reject from bearish order block + institutional big figure 1.94000.
Fundamental analysis: Next week on Wednesday will be released yearly CPI on GBP and on Thursday Interest Rate. These are important news which will indicate the structure for short and mid term perspective, so pay attention to the results in order to validate the analysis.
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‼️ This is my perspective on GBPAUD.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I expect price to continue the retracement to fill the imbalance higher and then to reject from bearish order block + institutional big figure 1.94000.
Fundamental analysis: Next week on Wednesday will be released yearly CPI on GBP and on Thursday Interest Rate. These are important news which will indicate the structure for short and mid term perspective, so pay attention to the results in order to validate the analysis.
Like, comment and subscribe to be in touch with my content!
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t.me/Snick3rSD1
🌶 SpiceProp presents the offer with a 5% discount for any challenge.
🎁 Discount Code - SNICK5
spiceprop.com/
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