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Bo_Brady

Short GBPAUD

Short
British Pound / Australian Dollar (FX:GBPAUD)  
Bo_Brady  
FX:GBPAUD   British Pound / Australian Dollar
Support and Resistance Trend Lines Fibonacci GBPAUD gbpaudshort
2
0
supportandresistance trendline fibonacci gbpaud gbpaudshort
We can see its now going into consolidation. Price has already bounce off the down trendline creating a lower high.
Looking for an entry at the 23.6% fibo to go short. Expecting the lower trendline to be broken as we target TP at 50% fibo.

Let's keep the technical simple and easy for all to understand.

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