British Pound / Australian Dollar

Short

GBP/AUD:SHORT from 38.2% FIBO 50 MA Resistance | SELL

Updated

The GBP/AUD in a strong bearish trend, in the last session, had a slight Pullback in the area of 38.2% Fibo levels where the presence of the 50 Moving average with the dynamic trendline it was the perfect match for rejection and pullback of the price in the direction of the main trend. The RSI is turned Bearish, same for the Stochastic still falling from the overbought area.

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