GBPAUD

Looking at GBPAUD, we have seen a break of the high to the left whilst respecting daily market structure as indicated by the first arrow at the 0 fib. From this, it would seem appropriate for the pair to correct back to one of the Fibonacci retracement levels perhaps the 50/61.8 to gather any final orders that may reside there before continuing to the upside.
aidanfucilealphatradinggroupaudbecomealeaderbecomeanalphabuyFibonacciGBPGBPAUDLONGshortSupply and DemandSupport and Resistance

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