GBPAUD has hit a weekly resistance and has broken its upward channel. A head and shoulder has formed, selling off the right shoulder. Take Profit is a little bit above the length of the neckline to the head.
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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.