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GBPAUD SHORT

Short
British Pound / Australian Dollar (FX:GBPAUD)  
TradewithDann  
FX:GBPAUD   British Pound / Australian Dollar
Trend Analysis Chart Patterns GBPAUD gbpaudshort gbpaudsell
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trendanalysis chartpattern gbpaud gbpaudshort gbpaudsell
as you can see gbpaud is currently in an uptrend

however i expect price to break the current uptrend then retest the trendline which will create a head and shoulder formation which is a reversal pattern.

if this happens, i then expect price to fall to the next support area which also is the 0.618 fib region.
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