GBPAUD I have increased the target for this pullback to accommodate the EURAUD which is about 100 pips short of its projected turning point, that kind of cross market analysis between correlated pairs helps with timing of entry points. The Red line is the 50% line for the move being corrected which can serve as some resistance. At the moment this trade looks slightly better than the GBPCAD and I will only take one of them but they may have some time to develop before we get to trade time. Thursdays inflation report is of concern and if we get close to that release we may have to let these GBP trades go.