British Pound / Australian Dollar
Short
Updated

Potential Bearish Movement on GBPAUD

66
Price has been reversed from the top of daily structure channel. This are is an old resistance as well as 0.61 Fibonacci level on weekly view. There is potential for more bearish movement to the lower side of the daily channel.
I am going to post another idea regarding to the short position regarding this idea.
Note
Trade details has been posted in another idea:
Short Position on GBPAUD regarding to the previous analysis

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