I'm looking to buy the AUD 
AXY Inflation and GDP are both within target, and economic indicators are positive. Whereas most other economies are facing potential stagflation or are giving off mixed signals.
The GBPAUD is testing key resistance levels. A monthly horizontal channel resistance and a horizontal resistance (chart one).
On the daily, price action has formed a head and shoulders reversal pattern (chart two).
I'm short!
GBPAUD
AXY Inflation and GDP are both within target, and economic indicators are positive. Whereas most other economies are facing potential stagflation or are giving off mixed signals. The GBPAUD is testing key resistance levels. A monthly horizontal channel resistance and a horizontal resistance (chart one).
On the daily, price action has formed a head and shoulders reversal pattern (chart two).
I'm short!
GBPAUD 
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Related publications
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.