GBP/AUD at Resistance/Bearish zone
<p>GBPAUD is bearish, but is currently trading in a wave B higher degree correction. This correction is complex, and can now be trading at possible resistance and a bearish reversal zone at the upper corrective channel line (2.05/2.11 region), and at various Fib. ratios (61.8 and 78.6), all of which can slow the bulls down. […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/285906-gbp-aud-at-resistance-bearish-zone/">GBP/AUD at Resistance/Bearish zone</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>
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