GBPAUD Inverse Head and Shoulders Pattern

٢١ أكتوبر ٢٠١٥

An inverse head an shoulders pattern has formed on the 4hr chart of the GBPAUD. This is a bullish sign and price should move up the height of the head to neckline which is about 550 pips. This is a volatile pair because it is a cross so it may chop around before actually hitting it's target.