GBP/AUD: Is This the Beginning of a Correction?

The bullish GBP/AUD trend continued for over a month but it appears that it is time for some correction as the pair reached the resistance at 1.9850, could not break above that level, formed a hanging man candlestick on the daily time-frame and started moving to the downside. Currently the pair is testing the support at 1.9670 and a possible breakout below that support level will lead to a further drop towards the next support, which is at 1.9450 and coincides with the (MA)89 indicators on both the four-hour and the daily time-frames. If the pair breaks below that level it will probably continue falling towards 1.9280.