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GBP/AUD: Why This Week's Price Action May Set The Tone For The Rest Of The Year

Discussion in 'Technical Analysis' started by Kaitlin, Nov 25, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    On a technical basis, GBP/AUD has carved out a potential head-and-shoulders pattern over the last four months. For the uninitiated, this classic price action pattern shows a shift from an uptrend (higher highs and higher lows) to a downtrend (lower lows and lower highs) and is typically seen at major[​IMG]

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