GBPAUD: Liquidity Grab and Fair Value Gap Rejection

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GBPAUD: Liquidity Grab and Fair Value Gap RejectionBritish Pound / Australian DollarFOREXCOM:GBPAUDJ4mesWickPrice recently swept liquidity above a key level, grabbing stops resting above that range. Following that, it quickly reversed and left behind a clean Fair Value Gap, suggesting a possible shift in intent. We are now watching price retrace into the FVG zone. If price reacts from there with a strong bearish confirmation candle like a bearish engulfing or another sign of rejection, we could see a continuation move lower. Our short-term target would be the previous day’s low. This setup reflects how important it is to wait for confirmation and not chase the first reaction. Let price come to you and show its hand. Patience leads to clarity and better entries. A trade without confirmation is just a guess. A trade with structure, confluence, and patience is a plan. Stay sharp.