As the previous analysis worked exactly as predicted, 
GBPAUD is setting up for a bullish push on the 4-hour chart, with an entry zone between 2.0700-2.0725 near a key support level.
The target at 2.0978 aligns with the next resistance, offering solid upside potential. Set a stop loss on a 4h close below 2.06 to manage risk effectively. 🌟 A break above 2.075 with strong volume could confirm this move, driven by GBP strength and AUD weakness. Watch UK data and RBA signals!
📝 Trade Plan:
✅ Entry Zone: 2.0700 – 2.0725 (support area)
🎯 Target: 2.0978 (next resistance level)
❌ Stop Loss: 4h close below 2.0600 to manage risk
Ready to catch this trend? Drop your take below! 👇
GBPAUD is setting up for a bullish push on the 4-hour chart, with an entry zone between 2.0700-2.0725 near a key support level. The target at 2.0978 aligns with the next resistance, offering solid upside potential. Set a stop loss on a 4h close below 2.06 to manage risk effectively. 🌟 A break above 2.075 with strong volume could confirm this move, driven by GBP strength and AUD weakness. Watch UK data and RBA signals!
📝 Trade Plan:
✅ Entry Zone: 2.0700 – 2.0725 (support area)
🎯 Target: 2.0978 (next resistance level)
❌ Stop Loss: 4h close below 2.0600 to manage risk
Ready to catch this trend? Drop your take below! 👇
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.
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.