Head and Shoulders on the GBP/AUD

Weekly timeframe shows a Double Top formation and has already made the sell from the high @ 1.79929

Daily timeframe is now forming a Head and Shoulders which is also the retracement of the Weekly sell

Price is expected to sell @ 1.78400
Take Profit 1 is expected to hit 1.75940
Take Profit 2 is expected to hit 1.73900
Trend Analysis

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