daytradersfx

Decision point, 500 pips either direction

FX:GBPAUD   British Pound/Australian Dollar
We are sitting at a solid decision point, we have 500 potential pips to go either direction, 1.7000 is going to be an important area to know where this pair is headed in the short term.

AUD pairs are setting up for possible bearish movement, making this set up very interesting. However GBP pairs remain a little heavy and possibly mixed. Enough AUD weakness should do what we need and start this move up to the high 1.7000's
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