GBPAUD: Inverse H&S Signals Potential Bullish Reversal
GBP/AUD is forming an inverse Head & Shoulders pattern on the 1H timeframe, signaling a possible bullish reversal after the recent downtrend.
The price is currently testing the neckline resistance area, and a confirmed breakout could open the path toward the next upside targets at 1.8760 and 1.8820.
Main Targets:
1.8760
1.8820
You can find more details on the chart.
Thank you and good luck! 🍀
⚠️PS: Do your own analysis and use your own strategy to join the trade.
❤️ If this analysis helps your trading day, please support it with a like or comment ❤️
GBP/AUD is forming an inverse Head & Shoulders pattern on the 1H timeframe, signaling a possible bullish reversal after the recent downtrend.
The price is currently testing the neckline resistance area, and a confirmed breakout could open the path toward the next upside targets at 1.8760 and 1.8820.
Main Targets:
1.8760
1.8820
You can find more details on the chart.
Thank you and good luck! 🍀
⚠️PS: Do your own analysis and use your own strategy to join the trade.
❤️ If this analysis helps your trading day, please support it with a like or comment ❤️
Trade active
Trade closed: target reached
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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.
✅MY FREE Signals Channel
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
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.