The Gbp/Aud weekly chart short position is slowly going toward the target of about 1.5250. New stop approximately 1.5800, the top of the previously mentioned recoil (recent high).
Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only make public the trades that I am considering to make, or made and the rational for them. Not intended necessarily as trading recommendations. By SurpriseTrade@gmail.com
