GBPAUD has formed an attractive inverted head and shoulders pattern on the 4-hour chart.
A bullish breakout above the neckline indicates a strong reversal signal, suggesting further upward movement and a potential test of the 2.0560 level in the near future.
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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.