GBPAUD has completed the Wave 5 on daily chart and has shown a divergence pattern Weekly trendline has already on H4 correction ABC correction has been formed and the Major Trendline has became the Resistence. We are looking to short at this time right after second breakout and retest on the Major Trendline.
However we need to be careful on breakout of Trendline Resistence which will start a new wave up.