Klimex

GBPAUD Approaching Resistance, Potential Reversal

Short
OANDA:GBPAUD   British Pound / Australian Dollar
GBPAUD is approaching its resistance at 1.8104 (61.8% Fibonacci extension , 61.8% Fibonacci retracement , horizontal swing high resistance) where it could potentially reverse to its support at 1.7731 (61.8% Fibonacci extension , 38.2% Fibonacci retracement, horizontal pullback support).

Stochastic (89, 5, 3) is approaching its resistance at 99% where a corresponding reversal could occur.
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