GBP/AUD - Long Term Short and Short Term Short

The British Pound / Australian Dollar pair has been following this channel for more than a year now, and breaking out of it would bring a significant bear advantage. The secure way to play this out is to SHORT until the support line, and then if there's additional downward movement set a STOP-Order below it.
FibonacciTrend AnalysisTrend Lines

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