MujkanovicFX

GBP/AUD reversal pattern at 61.8% Fib?

Short
FX:GBPAUD   British Pound / Australian Dollar
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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