GBPAUD - BOUNCE OFF SUPPORT? HOW HIGH BEFORE RESUMING DOWNTREND?

26 Sep 2023

Hey Traders, GA has been selling off lately but seems to have found support at 1.8970, a level respected back in July of this year. A bounce off this level to 1.9150/1.92500 would not surprise. However, caution with the buys as we are in a downtrend(1.8500 likely target). Watch price action around supply areas and trade accordingly.
DIONNG

26 Sep 2023

Nota

Traders, we may see this play out. Monitor price action at key levels around 07:00/08:00, and 12:00/13:00. Trade accordingly.
DIONNG

28 Sep 2023

Nota

Hey Traders, price action for GA suggests we are going to test previous supply areas. Support held, price made a higher high, looking for a nice pullback coming into London session for a possible BUY. several scenarios can play out here. Remember, price action is king. Trade accordingly.
DIONNG

29 Sep 2023

Nota

Traders, support broken Asian session. Monitoring price action 07:00/08:00. Looking for SELLS to 188.50(&/or short-term BUYS).
DIONNG