GBP/AUD Short retracement 100+ pips

On the 15 minute time frame we are seeing lower lows and lowers highs being formed. The 50MA support has been broken and is now testing as resistance. I believe this retracement will be coming down to the 1.567 demand zone where the original long term downtrend was broken. This retracement is a short term trade, my long term trade is to buy the demand zone with a movement coming close to the 2.0 mark in the next couple weeks. I'm looking at a 1.5 risk/reward grabbing me around 125 pips!

I am not a certified financial advisor.

Happy trading
David:)