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GBPAUD - Fibo levels & Fake breakout

British Pound / Australian Dollar (FX:GBPAUD)  
lacasafxfamily  
FX:GBPAUD   British Pound / Australian Dollar
Trend Analysis Technical Indicators Fundamental Analysis Fibonacci Retracement fakebreakout impulse correction
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trendanalysis indicator fundamental fibonacciretracement fakebreakout impulse correction
Here we explain further an analysis we dropped yesterday on GBPAUD.

We said that the pair is showing bearish behavior and mentioned that it should go further down to buyers liquidity level, however the pair rebounded upward shortly after. We immediately updated that it was a mere correction and this video explains how and why.

We hope you find this useful.

Love, Lacasafxfamily

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