GBPAUD Outlook

Strong high above. Weak low below. Bearish order flow in between. That's the current GBPAUD picture. Price has continued respecting the bearish narrative, and I’m interested in selling a retracement rather than entering after the displacement.

Entry: 1.88793 | SL: 1.88900 | TP: 1.87337

Yesterday's idea was based on the higher-timeframe supply. Today's price action is giving further confirmation: bearish displacement has continued, and structure is progressively shifting lower. Now I’m using the immediate internal high for a tighter execution.

Sell: 1.88793

SL: 1.88900

TP: 1.87337

One adjustment I make as price develops is refining my invalidation point. I don't necessarily need to keep using the original higher-timeframe stop once price creates a clearer internal structure. For this GBPAUD setup, 1.88793 is now the key internal high I want protected.

Entry: 1.88793 | SL: 1.88900 | TP: 1.87337

GBPAUD is already trading around 1.8817, meaning price has moved considerably away from my preferred sell area. No reason to FOMO into it. I’m waiting for price to retrace toward 1.88793, mitigate, and potentially continue toward the weak low.

SL: 1.88900

TP: 1.87337

My target hasn't changed even though the execution has. The weak low at 1.87337 remains the liquidity objective. What has changed is the internal structure, allowing me to refine my sell entry and place the stop above the most recent internal high.

Entry: 1.88793

SL: 1.88900

TP: 1.87337

GBPAUD UPDATED TRADE PLAN 📊

The higher-timeframe bearish idea remains intact, and price is now producing lower internal structure. Rather than chase the current move, I’m interested in a retracement into the newly formed internal high before continuation.

🔴 Sell Limit: 1.88793

🛑 SL: 1.88900

🎯 TP: 1.87337

The weak low remains my draw on liquidity. If price retraces and respects the internal high, I’ll be looking for the next bearish leg toward that external liquidity.