GBPAUD Is BEARISH

As we look at the charts, we see price hit Key Fib levels and the Trendline.

At the beginning of the Feb 21 week, we are at the trendline and a Key level that has been rejected 3 times. If the bulls give up trying to push price above the level, we look for price to drop to 1.87090 (TP3). I would enter for buys until price hit the 1.8640

Chart PatternsGBPAUDTechnical IndicatorskeylevelTrend Analysis

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