GBPAUD-SELL strategy Daily chart GANN - FIBBritish Pound vs Australian DollarPEPPERSTONE:GBPAUDpeterbokmaThe pair has moved sharply higher over the last few sessions due to GOLD weakness. Now we have a returned strength in GOLD and the pair is still hanging up there. FIB suspects 1.9400 resistance area, and we broke out of a downward sloping Reg. Channel. Since its overbought, I am inclined to be on short side, but slightly higher than the current price. Strategy SELL @ 1.9337-1.9367 area and take profit near 1.8950 for now.