Head and Shoulder Reversal and test of Volume
GBPAUD forms an Inverted head and shoulder reversal before recently retesting the old fair price, price if it manages to reject breaking below this are of volume show be able to climb higher towards the 1.81 Level eventually, In re testing old 'fair value' we can look for people to buy GBPAUD, this level also falls on the 50% Fib.
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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.