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DzhuneytYusein

GBPAUD Short 4h

Short
British Pound / Australian Dollar (FX:GBPAUD)  
DzhuneytYusein  
FX:GBPAUD   British Pound / Australian Dollar
GBPAUD GBP britishpound australiandollar aud Forex Fibonacci forextrading Technical Analysis
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gbpaud gbp britishpound australiandollar aud forex fibonacci forextrading technicalanalysis
Simple Technical analysis: Fib Level (50.00%), downward movement, previous structure, MA as resistance along with crossing of MAs in a bearish direction; RSI and MACD do not indicate any support for long positions.

British politics and Theresa May's minority government might show instability and could push away investors from the GBP.

Good luck!
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