Australian pound analysis: Will the demand zone succeed in pushing the price up?

Australian pound analysis: Will the demand zone succeed in pushing the price up?

Australian pound analysis: Will the demand zone succeed in pushing the price up?

21 Apr 2026

by: Kadiri Radouane

Date: avril 21.2026 Current price: 1.88792

This technical analysis of the GBPAUD pair on the four-hour (4H) frame is based on the integration of harmonic patterns with trendlines and support and demand zones. Here is a detailed explanation of the technical points in the picture: 1. Harmonic Pattern (Harmonic Pattern) The drawing shows a composite harmonic model (predominated by the character of the Shark or Cypher model), where the last side of the smaller model is completed within a main application area. The completion of the model in this area gives a strong signal of the possibility of a "reversal of the trend" from downwards to the rise. 2. Demand Zone (Demand Zone) The lower green rectangle (between levels 1.8800 and 1.8879) was identified as a strong demand area. We notice that the price is starting to lose its downward momentum as soon as it entered this region, indicating that there are buyers supporting the price from this level. 3. Trendline Breakout There is a downtrend line (Trendline) that connects previous peaks. The prediction shown in the drawing indicates: • Aggregation phase: The current oscillation within the green zone (winding motion) is an attempt to build a price base. • Breakout: A black arrow indicates the expectation of breaking the downward trend line. • Target: Rise strongly to target high levels that may reach 1.9300 or higher, which is a complete reflection of the recent downward movement. Strategy summary in the picture: • Expected trend: Bullish. • Picrum: Maintaining trading above the level of psychological support 1.8800. • Scenario: Waiting for a clear breakout of the downtrend line to close long positions by targeting previous peaks. Technical note: The model shows high accuracy in selecting the "reversal point" when the end of the harmonic model meets the order area, which enhances the probability of success of the transaction.

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