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9 DEC 16 | GBPAUD | SELL SETUP EXECUTED

Hello fellow traders,
GBPAUD sell setup discussed on 7 DEC 16 has been executed and now we are waiting for a retest of the trend line. We expect the price to give us a bearish indication near trend line and horizontal support line confluence.
GBPAUD 4H CHART
GBPAUD 4H CHART- ZOOMED IN
I have already placed a sell stop order at bid below 1.6808 with initial target at 1.65730 and next target at 1.61100 levels respectively.
Any suggestion about the setup is welcome.
Happy trading to all.
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NZDUSD

The NZDUSD has dropped from its recent highs following Wednesday’s dovish hints from the FOMC. We can clearly see that bids are decreasing now.So now what?The .7200 level is the one to watch as we head into a next week. If it fails to hold then we can see 0.6967.Event risk for the US dollar next week is speeche from FOMC members on Wednesday followed by GDP of third-quarter on Thursday at 8:30 am EST.
Safe Trading
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