Anisbylka

GBP/AUD Sell signal Analysis

Short
FOREXCOM:GBPAUD   British Pound / Australian Dollar
Hello Traders, On GBP/AUD price retraced to the IRL which is the weekly FVG, indicating potential bearish movement toward the ERL at 1.8588. However, I'll wait for a clear shift in market structure on the 4 hour chart before considering a trade, aiming to enter during the second phase of the distribution pattern to reach the target.

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