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GBPAUD formed a lower low and then made a retracement to the marked resistance area forming a H&S pattern. Price had a clean rejection to the downside. We are currently waiting for a break and retest of minor support area before continuing to the downside.
GBPAUD formed a lower low and then made a retracement to the marked resistance area forming a H&S pattern. Price had a clean rejection to the downside. We are currently waiting for a break and retest of minor support area before continuing to the downside.
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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.