📉 GBP/AUD Technical Analysis
The GBP/AUD pair has concluded its monthly and daily closures by forming negative signals on the higher timeframes, which increases the probability of further downside movement.
On the lower timeframes (H1 and H4), a Double Top pattern has been confirmed — a bearish reversal pattern that reinforces the bearish outlook.
🎯 The anticipated targets are clearly marked by the green lines, which are expected to be achieved upon the full completion of the bearish setup.
⚠️ Important Reminder:
Success in trading lies in strict risk management and capital management. Always trade responsibly and never risk more than you can afford to lose.
💬 Wishing you all the best in your trading journey!
The GBP/AUD pair has concluded its monthly and daily closures by forming negative signals on the higher timeframes, which increases the probability of further downside movement.
On the lower timeframes (H1 and H4), a Double Top pattern has been confirmed — a bearish reversal pattern that reinforces the bearish outlook.
🎯 The anticipated targets are clearly marked by the green lines, which are expected to be achieved upon the full completion of the bearish setup.
⚠️ Important Reminder:
Success in trading lies in strict risk management and capital management. Always trade responsibly and never risk more than you can afford to lose.
💬 Wishing you all the best in your trading journey!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.