GBPAUD Outlook

GBPAUD Sell Setup

GBPAUD is on my watchlist for a potential sell.

After the bearish break of structure, I’m waiting for price to retrace into the premium zone and take out the internal range liquidity. My entry is planned around that liquidity level, where I’ll look for sellers to step in and continue the bearish move.

My Trade Plan

Entry: Around 1.9910–1.9920, subject to confirmation at the liquidity level

Stop Loss: 1.9950

Take Profit 1: 1.9850

Take Profit 2: 1.9800

I’m not interested in chasing price. I want the retracement, the liquidity sweep, and confirmation before executing.

GBPAUD Sell Setup

GBPAUD is on my watchlist for a potential sell.

After the bearish break of structure, I’m waiting for price to retrace into the premium zone and take out the internal range liquidity. My entry is planned around that liquidity level, where I’ll look for sellers to step in and continue the bearish move.

My Trade Plan

Entry: Around 1.9910–1.9920, subject to confirmation at the liquidity level

Stop Loss: 1.9950

Take Profit 1: 1.9850

Take Profit 2: 1.9800

I’m not interested in chasing price. I want the retracement, the liquidity sweep, and confirmation before executing.

This is a fine short setup.
If I had spotted it early, I would have entered at 1.8948 with my SL at 1.8999. There's potential for the sells to drive down to 1.8746.