FX:GBPAUD   British Pound/Australian Dollar
GBPAUD             currently hitting resistance line of a bearish trend since September last year.

Taking Fibonacci from the highest point of the current trend (in August last year) and lowest point from April this yea), it hits 0.3 Fib level.

Structure + 0.3 Fib + Over-bought daily chart , all indicate short.

Good luck!
MasryMasry
6 months ago
http://invst.ly/1qgsp
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