FX.co ★ Patterns GBPAUD | British Pound (GBP) to Australian Dollar (AUD) Rate in the Forex market

The Double Bottom pattern has formed on the GBPAUD M5 chart. Its support is at 1.9029, its resistance is at 1.9045, and its width is 16 points. A break above resistance may confirm a trend reversal, with the first target projected 17 points away.

The Inverse Head and Shoulders pattern has formed on the GBPAUD M5 chart. A break above the higher of the neckline anchors at 1.9045/1.9045 may confirm the bullish reversal.

The Head and Shoulders pattern has formed on the GBPAUD H1 chart. The head high is at 1.9106, while the neckline passes through 1.9008/1.9023. The pattern may reverse the current uptrend. A break below the lower neckline anchor may confirm the bearish reversal.

The Head and Shoulders pattern has formed on the GBPAUD M30 chart. The head high is at 1.9106, while the neckline passes through 1.9008/1.9023. The Head and Shoulders signals a potential reversal of the uptrend. A break below the lower neckline anchor may confirm the bearish reversal.

The Double Bottom pattern has formed on the GBPAUD M15 chart and signals a potential reversal from a downtrend to an uptrend. A long position may be considered after the price breaks above the upper boundary at 1.9054. The projected move is based on the pattern width of 25 points.

The Double Top pattern has formed on the GBPAUD M5 chart and signals a potential reversal from an uptrend to a downtrend. A break below the pattern base at 1.9042 is likely to confirm further downward movement.

The Double Bottom pattern has formed on the GBPAUD M5 chart and signals a potential reversal from a downtrend to an uptrend. A long position may be considered after the price breaks above the upper boundary at 1.9039. The projected move is based on the pattern width of 14 points.

The Inverse Head and Shoulders pattern has formed on the GBPAUD M30 chart. The head low is at 1.8853, while the neckline passes through 1.8897/1.8891. The formation of the Inverse Head and Shoulders indicates a potential reversal of the downtrend. A break above the higher neckline anchor may confirm the bullish reversal.

The Inverse Head and Shoulders pattern has formed on the GBPAUD M15 chart. The head low is at 1.8853, while the neckline passes through 1.8897/1.8891. The formation of the Inverse Head and Shoulders indicates a potential reversal of the downtrend. A break above the higher neckline anchor may confirm the bullish reversal.

The Triple Top pattern has formed on the chart of GBPAUD M5 and signals a possible trend reversal. After the third peak forms, a break below the confirmation support at 1.8874 may confirm the bearish scenario. The projected peak-to-trough width is 11 points.