Sell GBP/AUD at 200 Daily MA for another leg lower.

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Sell GBP/AUD at 200 Daily MA for another leg lower.British Pound/Australian DollarFX:GBPAUDForexExpats1The GBP/AUD dropped beneath the 200 Daily Moving Average a couple of weeks ago and it looks like it's now consolidating for another leg lower. First target is just above the 23.6% Fib Weekly retracement (2.02936) of Sept22 / April25 move and strong support. Sell Limit : 2.0485 200 Daily MA Stop : 2.0608 above recent high Profit : 2.0300 23.6% Daily Fib retracement Risk 1 : 1.5 Stop is 123 pips