Look for a short on GBPAUD with a possible swing target 1000 pips plus. Qm pattern has been formed on the daily chart with a beautiful strong downtrend, however, theres a divergency pattern shows up on the a-o indicator making HH and HL which is we dont see on the chart because its making lh and ll. In addition, there's a few GBP news coming later that would launch the pounds back up to where the entry is. Entry: 1.85500.

On the 4hr chart, a-o indicator shows a dvgncy pattern with a healthy downtrend,

Patterns:
Bearish flag
Quasimodo pattern

Also the australia economy is on the rising due to 80% double doses vaccination, people back to work, etc.
People spending, economy rises, currency strength rising as well.
Chart PatternsTechnical IndicatorsTrend Analysis

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