
The Best Short-Term Selling Areas for the GBP/AUD Pair
The GBP/AUD pair is moving in a clear sideways trend.
This is after reaching strong supply zones on the daily frame.
The pair has managed to establish new supply zones on the 4-hour frame.
This is considered one of the best and strongest selling areas currently.
The supply zones are located at the 2.09100 level.
If these areas are tested, a decline to the 2.0850 and 2.0770 levels is expected.
If the supply zones are breached and a close above them is reached, selling will fail for now.
We may consider selling again if sell signals appear from the following areas:
These areas are located above, near the 2.1009 level, which are considered key areas.