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

    Aug 29, 2015
    Likes Received:
    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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