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GBPAUD Will Keep Falling!

Short
British Pound / Australian Dollar (FX:GBPAUD)  
VasilyTrader  
FX:GBPAUD   British Pound / Australian Dollar
Trend Analysis Chart Patterns Wave Analysis Forex pound poundsterling Currencies Technical Analysis forecast DJ FXCM Index australiandollar GBP
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trendanalysis chartpattern waveanalysis forex pound poundsterling currencies technicalanalysis forecast usdollar australiandollar gbp
snapshot

GBPAUD broke a major rising trendline on a daily time frame!

now we can expect further bearish continuation to the next structure levels:

support 1 - 1.92 (based on a match between historical levels and 382 retracement of a major leg)
support 2 - 1.88 (based on a match between historical levels and 618 retracement of a major leg)

good luck!
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