GBP/AUD reversal pattern at 61.8% Fib?

By MujkanovicFX
The GBP/AUD pair is forming a strong bearish reversal candlestick pattern near the 61.8% Fib level and a horizontal resistance level.

The breakout from Friday looks like a fake breakout which may send the price lower to the 1.81xx level.
audBOEChart PatternsForexGBPGBPAUDTechnical IndicatorsRBAsetupsignaltradeideaTrend Analysis
MujkanovicFX

Related publications

Disclaimer