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GBP/AUD POTENTIAL LONG

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G/A ANALYSIS
5/12/2020

After a big bearish run, price has made its way down to Monthly level 1.9000
This is been the market direction for the past month or so..
With the crucial news coming out tomorrow regarding AUD & NZD (both move in correlation)
This could be a potential trade.

The Australian Dollar may be at risk after AUD/USD followed the aggressive slide in the Nasdaq Composite into the close
Major moves on AUD and NZD MAY 13

HIGH IMPACT NEWS:
NZD
Annual Budget Release

AUD
Unemployment Rate

AUD
Employment Change

Do NOT trade before taking confirmation.
Stay Patient!
Reminder: Drawing is only an idea of how the price will move, it's NOT 100% perfection due to market nature

Message for private entries!

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