GBP/AUD 2 Day Analysis

96
Price may have made a lower high at the 78.6% Fibonacci level.

Any sell setups may lead to further downside in line with a correction in the parallel channel.

The first target could be 1.9596 where price most recently found support.

The second target could be the base of the channel or the -27% Fib extension.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.