Lingrid | GBPAUD Losing Momentum at Support. Potential Long
GBPAUD is testing the swap zone after pulling back from the recent top within the resistance zone. The structure shows bullish momentum holding above the upward channel while facing a downward trendline cap. A push above 2.0720 would confirm continuation toward the 2.0998–2.1000 target. The broader setup supports an ongoing uptrend as long as price respects support levels.📉 Key Levels
- Buy trigger: Hold above 2.0700
- Buy zone: 2.0700–2.0720 support retest
- Target: 2.0998 – 2.1000 resistance
- Invalidation: Close below 2.0600
💡 Risks
- Failure to hold above the upward channel trendline.
- Strong AUD data release reversing sentiment.
- Broader risk-off flows impacting GBP crosses.
If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
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🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
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.
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
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.