GBPAUD H4 Analysis

The GBPAUD chart formed a butterfly pattern with a bearish potential. With the measurements done on this shape, we are confident of a downward movement. Furthermore, the AUD is gaining strength against other pairs, as we will show in other analyses. Hence, the trade would be executed as follows:
GBPAUD
SELL: 1.81500
SL: 1.82250
TP1: 1.80500
TP2: 1.79500