GBP/AUD:SHORT From Resistance ZONE 61.8% FIBO SELL

GBP/AUD inside a Bearish channel, yesterday completed the pullback on the previous resistance at 1.7200 in confluence with 61.8% FIBO and today the price had a strong rejection of this area of attention. The result is a strong Push down in the direction of the main trend with the RSI Indicator in divergence also like the Stochastic, this last one it's in Overbought area and the Value of this seems ready to drop. Classic Swing conformation setup.

Yorum: