Technician
Short

GBPAUD: Looking Bearish !

FX:GBPAUD   British Pound/Australian Dollar
651 3 17
GBPAUD             is breaking lower, the pair could be completing a major bearish head and shoulders top, in addition to breaking the main rising trend line for the overall bullish trend .The bias remains bearish for me so long as below 1.8368 high. I will be looking to short pullbacks. keep posted and Good luck.

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Tomorrows GBP - CPI Report should give us a clearer direction for the pound.
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Agree, its an important one. But Pure technicals point to the downside :)
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This trade ended as a big winner for me with great risk/reward. Much appreciated Technician.
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