GBP/AUD Short Trade Bias

١ سبتمبر ٢٠١٩

Looking at the GBP/AUD on the higher time frames such as Daily 2D and 3D chart, we can see it's been in a range between the two marked out support and resistance zones and we've recently closed and rejected at 50/61.8 % Fib level. I'll be watching this on the daily chart for price to break lower from the minor support it's currently in (seen better on 4HR chart) and look for a trade all the way back down to the support zone.