GBPAUD 30m - London & New York Session Rejection 📉📈
Pair: British Pound / Australian Dollar
Price: 1.88704 (-0.03%)
Exchange: OANDA
What I'm seeing:
Price made a strong impulsive move from 1.8860 to 1.8950, but now failing to break higher.
Key Points:
- London session is creating lower highs
- New York session showing rejection wicks
- Price is back inside the Tokyo box, losing momentum
- Volume is decreasing compared to the initial pump (bearish sign)
My bias: Waiting for a SHORT if $1.8910 breaks down, Target is $1.8862 (previous support).
Session traders know: London creates the trap, New York takes the liquidity.
What's your plan on GBPAUD?
NFA
#GBPAUD #Forex #ForexTrading #TradingView #LondonSession #BinanceSquare
Pair: British Pound / Australian Dollar
Price: 1.88704 (-0.03%)
Exchange: OANDA
What I'm seeing:
Price made a strong impulsive move from 1.8860 to 1.8950, but now failing to break higher.
Key Points:
- London session is creating lower highs
- New York session showing rejection wicks
- Price is back inside the Tokyo box, losing momentum
- Volume is decreasing compared to the initial pump (bearish sign)
My bias: Waiting for a SHORT if $1.8910 breaks down, Target is $1.8862 (previous support).
Session traders know: London creates the trap, New York takes the liquidity.
What's your plan on GBPAUD?
NFA
#GBPAUD #Forex #ForexTrading #TradingView #LondonSession #BinanceSquare
