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GBPAUD approaching support, potential bounce!

Long
Livre sterling / Dollar australien (FX:GBPAUD)  
easyMarkets Courtier  
FX:GBPAUD   Livre sterling / Dollar australien
Trend Analysis Harmonic Patterns Chart Patterns GBPAUD GBP aud gbpaudlong gbpaudshort Forex forextrading forexsignals
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trendanalysis harmonicpatterns chartpattern gbpaud gbp aud gbpaudlong gbpaudshort forex forextrading forexsignals
GBPAUD is approaching our first support at 1.8389 (horizontal pullback support, 23.6%, 38.2% Fibonacci retracement, 61.8% Fibonacci extension) and a strong bounce might occur above this level pushing price up to our major resistance at 1.8733 (horizontal swing high resistance).
RSI (89) is also approaching support and we might see a corresponding bounce in price should it bounce off this level.
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