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GBP/AUD reversal pattern at 61.8% Fib?
British Pound / Australian Dollar
Short
GBP/AUD reversal pattern at 61.8% Fib?
By MujkanovicFX
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Sep 23, 2019
6
Sep 23, 2019
The GBP/AUD pair is forming a strong bearish reversal candlestick pattern near the 61.8% Fib level and a horizontal resistance level.
The breakout from Friday looks like a fake breakout which may send the price lower to the 1.81xx level.
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