GBPCAD Breakout

Updated
GBPCAD has broken daily structure, prompting at a change in market sentiment. Price has retraced into a premium prices on the HTF. From here ill be looking to short the pair. With news coming out expected to be bearish during PMI this looks like a comfortable place for me to enter short from.
Note
Daily Breakout.
snapshot
Trade active
Trade closed: stop reached
Trend Analysis

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