On the weekly/daily time frame GBPAUD has been in a rising channel of which i'm expecting price to drop off from, there has been loads of good EMA rejections therefore signifying this should be the turning point for the down trend to continue. 4hr 50EMA has had a nice rejection and so has the daily 50EMA. On the 1hr chart 30EMA hit is where i entered and in a good bit of profit already. There is GBP and AUD news releases today so i'm trading cautiously. The news releases can be seen on forex factory.