GBPAUD: Sell breakout

FX:GBPAUD   British Pound / Australian Dollar
350 7 23
There can't be a better pair at the moment that has the perfect recipe for falling with GBP getting weak AUD getting strong it should fall like a stone, I am expecting today's break from the corrective structure to signal an end to the structure and the pair should resume downside now as an impulse.

IMPORTANT: The setups posted here are not trade calls or signals and are intended for informative purpose only and you should use your own strategy to determine entries and exits. They reflect my general view of the market and does not mean you should take the trades without a proper trading plan or strategy, If you would like to get all my setups together with exact entries and exits with please visit http://www.thepiphunter.com and subscribe.
I am in
good luck!
+1 Reply
fxfxfx piphunters
how low will be your target at?
I am not in yet, will wait for a correction
+1 Reply
fxfxfx piphunters
I will be waiting for your signal for another trade
fxfxfx piphunters
1.738ish or even 1.79 level?. Thanks for sharing your nice charts Hunter.
we'll see
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