GBPAUD completed a head and shoulders pattern at the close of market. The break is confirmed by a MACD break and downward RSI. I have entered short targeting 2.00 the bottom of the ascending channel that has defined the pair for several months. This pair is super volatile and has lacked liquidity of late so care is needed.
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.