GbpAud: After an abrupt ascent comes an abrupt descent.

FX:GBPAUD   British Pound / Australian Dollar
Well look at that, buyers took profit on Fib 3.618 and seller came in pretty strong, right now it is hesitating at Fib 2.618 but I think it's probable that sellers take it way down to that previous trendline before it bounce again and continue with it ascent.

Let me know what you think.


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