GBPAUD, Bearish Channel with Support Broken, New Lows Expected

Trade Plan 1

Bearish Channel
Channel Top Retest
Weekly support broken
Trading towards channel Bottom
Short Sell at CMP
SL @ 1.9654
Target at channel bottom


Trade Plan 2

Bullish Flag
Bullish Continuation expected on flag breakout
wait for strong breakout
Buy long position
Buy @ breakout
Target 2.0000