Short

GBP/AUD: SHORT from 61.8% FIBO Plus Dynamic Trendline - SELL

Updated

As explained in our previous Idea ( link and picture in the description ) the GBP/AUD coming from a Strong downtrend, and the price, inside a Bearish channel, we saw a Pullback on the dynamic trendline upper side and in confluence with the 61.8% Fibonacci Level and the 100 Moving Averages, the price falt strongly following the main trend. We are looking for a continuation of the Bearish trend.

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✅ INITIAL IDEA

GBP/AUD:Pullback on 61.8% Fibo Plus Resistance and 200 SMA SHORT

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