GBPAUD Idea

GBPAUD is nearing a key level. If this resistance Trend line can hold then we could see this pair start to distribute over the next week or 2 and start a move down. Price did however bounce off the monthly Support which lines up with my 38.2 fib line. Its actually broken it then come back and re-tested it so it could make its way up to the 50% fib retracement area first before making its move south