GBPAUD Sell on 4H Short

British Pound/Australian DollarFXCM

Description

⋅ May 13, 2019 3:22 PM

GBPAUD reached a weekly key level last week around 1.885. This is a major area of resistance. The trend is in a reversal. Look for indicator of bearish candle over taking bullish candle at Fibonacci retracement .50 drawn from 1.88815 to 1.85375.

Trend Analysis Technical Indicators