Hello traders!
‼️ This is my perspective on GBPAUD.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for a short position. I want price to continue the retracement to fill the imbalance higher and then to reject from bearish order block.
Fundamental news: Next week on Tuesday will be released Cash Rate on AUD, which is forecasted to increase, this means strength in currency. As well, on Friday will be released monthly GDP on GBP.
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