It's where the turret has deflected and moved I'm afraid to say!
If you look at the bracket, I've circled where you can see that it's moved - basically the old rust line indicates where the bracket would have sat on the turret itself (The bracket hasn't moved as it's attached to the engine cover / shelf). The turret has bent and moved inwards by a degree or two - hence you can see the line in the rust.
If you check carefully underneath the car I think what you'll find is that the box section up inside the arch has either bent or allowed the bolts to pull through slightly.
This is exactly what happened to my car - we think it was the result of repairing the box section itself and maybe the heat used when it was welded. Opinion seems to be that there was a structural glue used (plus reinforcing bolts) that has broken down and then allowed it to move.
I still haven't got round to fixing it. The easiest way to be honest is probably to drop the rear subframe, brace the turrets and then reinforce and attach within a new (or strengthened) box section.
Let me know if you want more info, photos etc.

I'm just here for the gasoline.