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British Pound / Australian Dollar

An Inverted head and shoulder pattern gives opportunity-ForexBD

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An inverted head and shoulders pattern has formed on the GBPAUD D-1 timeframe. The market has formed a second shoulder, so if the price goes up and breaks the neckline or resistance line, the market will go into an uptrend.

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head_and_shoulderTechnical AnalysisTrend Analysistrendtrading
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Also on:

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.