Technical Analysis for GBP/AUD Pair
The GBP/AUD pair is moving in a bearish trend on both the 4-hour and 1-hour timeframes, with prices rejecting the level of 2.0378, which represents a weekly FVG. Prices also declined from the level of 2.0214, which represents an IFVG on the 4-hour timeframe. The pair is currently trading around 2.0152, and a further decline is expected during today’s session.

Key Economic News
There are no major economic events today for either the British Pound or the Australian Dollar, therefore price movement is expected to remain smooth.

Liquidity Levels
Prices are expected to decline towards 2.0033, followed by 1.9965.

As observed, lower highs are forming on the 1-hour timeframe, confirming weak bullish momentum. Additionally, prices failed to break the short-term equilibrium zone, which further supports the bearish outlook for today.

Invalidation
The bearish scenario is invalidated if a 4-hour candle closes above 2.0255.