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TradersChoice_Kieran
Jun 4, 2019 12:52 PM

GBPAUD potential short areas Short

British Pound/Australian DollarFXCM

Description

Extremely messy pair recently with an unsettling sell off now reaching support level 1.812. price has created a major double top pattern so this support could be broken and head further only after confirmation. if the pound gains strength over the next few days we could look for a short position at this current resistance level 1.83 as we cant see any long term buys until the 50% fib level (red area) is broken
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