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

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