The GBPAUD is in a daily correction ,since corrective structure could be 3 waves or 5 waves it is still an open case for a 5th wave down to complete the Z yellow wave.I am not in the business of guessing so i'll wait to see if we break the up trend line that is now in the making(red line) before I sell. As long as it makes impulse to up side I will buy after every correction on lower degree.