A possible trade on the GBPAUD if the head and shoulders neckline breaks. I would NOT assume that the price will go down and short it before a breakout as the whole scenario is based on the completion of the head and shoulders .
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Nice point of view, pair is seeing high demand for option expiry contracts by 1.6999 , no short before it hits that level and break below the 1.6790 with stop loss of 1.6915 and target at least 350 pips