FX:GBPAUD   British Pound / Australian Dollar
1.Throughout the analyses of the instrument we have perceived strong bullish momentum towards a previous structural high,but the pound is failing to push the Australian dollar past the resistance.

2.we are anticipating bearish momentum to be induced and push the pound towards the previous structural low,consequently l invalidate the trade is sustained bullish pressure towards the structural high.

Please do apply proper risk management according to your account sizes

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