Key Expected Buy Zones for the GBP/AUD Pair
The GBP/AUD pair has staged a strong upward rebound after bouncing off previous demand zones on the daily timeframe.
The pair has established new buy zones that overlap with the previous ones, signaling a confirmation of the strength of these identified areas.
Expected Targets
Should the pair retest the new buy zones near the 1.8826 level, it is expected to resume its upward movement and test the 1.8900, 1.8990, and 1.9090 levels, respectively.
This analysis—and the expected bullish move—would be invalidated if the identified demand zones are broken and the pair closes below them on a daily candle.
