FX:GBPAUD   British Pound / Australian Dollar
Head on shoulders pattern. Price is showing some pressure to its supply zone showing signs of bearish movement. A retest to the supply zone is potential for entry or wait for a break & retest of prices initial ascending trendline..
Comment:
Aussie news later should be the catalyst of where price will go next
Comment:
im leaning towards shorts due to the head on shoulders pattern & daily double top, but will wait to see what price action shows me
Comment:
: )
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.