Hello fellow traders. In this technical article we’re going to look at the Elliott Wave charts of GBPAUD Forex Pair published in members area of the website. As our members know, GBPAUD has recently given us a 3 waves recovery that found sellers precisely at the equal legs area as we expected. In this discussion, we’ll break down the Elliott Wave pattern and forecast.
GBPAUD Elliott Wave 1 Hour Chart 09.18.2025
GBPAUD is giving us correction against the 2.06982 peak. We expect the correction to complete at 2.0541-2.06359 as a 3 waves (w)(x)(y) Double Three pattern. Our members know that we identify potential reversal zones using the Equal Legs technique. As long as the price stays within this region, we expect sellers to take control and push it down toward new lows. We recommended that members avoid buying the pair at this stage, while favoring the short side.
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GBPAUD Elliott Wave 1 Hour Chart 09.20.2025
A 2 days later, we can see the result. GBPAUD found sellers, as expected. We got a decent reaction from the sellers’ zone. The recovery peaked at 2.05502. As long as it remains below that high, the next leg down may be in progress toward 2.0295-2.0215 area.
Remember, the market is dynamic, and the presented view may have changed in the meantime. For the most recent charts and target levels, please refer to the membership area of the site. The best instruments to trade are those with incomplete bullish or bearish swing sequences. We put them in Sequence Report and best among them are presented in the Live Trading Room
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