1H sell bias 15min the buyers has been taken out by huge selling power. buyers are trying for one last push but they are slowing down. Bit greedy on this trade but it is a small scale trade -USD strong because of the job related news -AUD is overall weak against USD
News came out realy good for GBP. 1H TF is a buy bias. 15min TF took out the seller that made the lower low. after this i wait for a pullback and hard buy side power. Got in at price 1.26882. USD PMI news still has to come out so be aware of that.
The Retail sentiment is at the moment. 28% selling (Banks) 72 Buying (retail) 90% of retail traders are losing so stay with the big picture in this case the seller. Be aware of the upcomming news events. This is a Sell idea.