EvanJones

Wait for the Fib Break

Short
FX:GBPAUD   British Pound / Australian Dollar
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5
The Pound has been on short selling this start of the new year mainly due to uncertainty with Brexit and comments made by the PM.

If price can close below this fib, shorts are preferred with the next fib a target and possibly the 23% area.

Stops above the current fib where price is lingering.

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