GBPAUD formed Head And Shoulder Pattern at the resistance line of channel pattern. According to chart pattern analysis, we might see some downside in GBPAUD as shown in the chart, one can initiate short side trade with proper risk management and stop loss.

Thank You.

Vivek_Samale
Vivek_Samale

I have half a decade of experience as a trader and enthusiastically learning & developing new strategies in algorithm trading & also analyzing the companies with New ESG method.