Price in GBPAUD has reach and will soon test a daily downtrend where action will be taken. The scenario most likely to happen, is price to bounce from that level and start retracing once again. The MACD divergence shows that this up move is losing steam. If we have a breakout above the daily downtrend, structure changes, and we should wait for a correction and go long.
Daily Downtrend:
Daily Downtrend: