GBPAUD is in a downtrend, looking for a sell opportunity

FX:GBPAUD   British Pound / Australian Dollar
GBPAUD is in a downtrend on daily & 1 Hr , as you can see there are two sell zones and one of them holds a golden zone of Fibonacci 50%. So I would expect the price to come to the 50% and wait for bearish price action signal to confirm my sell call. Profit target will be the next support level . Keep an eye on this one. Lets see what happens.

I am not a financial advisor and my analysis are just for entertainment or educational purposes, I don't recommend any of my trades. Please use a stop loss and do a favour on yourself by not blowing up your trading account & your hard earned money for which you have grinded your ass off!! Lol


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