GBPAUD: BULLISH Retracement Opportunity...2.618 Fib Completed!!!

I will be looking at the H1 chart for this analysis. As we can see, price level broke through 1.7873 support level with current price near another support level @1.7712. This is also a 2.618 fib level for GBPAUD which we should be looking out for potential BULLISH retracement before further movement. I will be targeting 1.618 fib level for a possible retracement level as of now. A rejection from that level could give us a BEARISH continuation.

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