ChrisPulver

GBPAUD - This is how we fall...

Short
FX:GBPAUD   British Pound / Australian Dollar
GBPAUD is setting up for a rather convincing Head & Shoulders pattern that would push it right down to 1.9300 - this level matches up nicely with past resistance. I'm selling the neckline break at 1.9605 and will consider adding to the position provided it goes positively in our direction. One can either sell the neckline break or let price break the neckline and re-test before falling. Good pattern to sell - me likey!!!

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.