FX:GBPAUD   British Pound / Australian Dollar
From a technical and trading perspective, the GBPAUD is potentially carving out another significant double top pattern (note the momentum and sentiment divergence), this pattern completes at the equidistant swing objective 1.9015, persistent failure to close above this level adds conviction to the view of a corrective phase to develop. I will venture short through today’s low, with a protective stop above today’s high, targeting a move back to test bids towards 1.85.

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