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

The Bearish Symmetrical Triangle pattern has formed on the GBPAUD M15 chart. A break below the lower boundary at 1.8860 is likely to signal a continuation of the downtrend.

The Bearish Symmetrical Triangle pattern has formed on the GBPAUD M30 chart. A break below the lower boundary at 1.8860 would signal a likely continuation of the downtrend. The projected move corresponds to the pattern width of 25 points.

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 1.8960. The projected move is based on the pattern width of 16 points.

The Double Bottom pattern has formed on the GBPAUD M15 chart. Its upper boundary is at 1.8961, its lower boundary is at 1.8943, and its width is 19 points. A break above the upper boundary at 1.8961 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.

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 1.9077 may confirm the bearish scenario. The projected peak-to-trough width is 5 points.

The Head and Shoulders pattern has formed on the GBPAUD M5 chart. After the right shoulder forms, a break below the lower of the neckline anchors at 1.9057/1.9060 may confirm the bearish reversal.

The Bearish Rectangle has formed on the GBPAUD M5 chart and indicates a likely continuation of the trend. Its upper boundary is at 1.9046 and its lower boundary is at 1.9015. A short position may be considered once the price closes below the lower boundary at 1.9015 of the Bearish Rectangle.

The Triple Bottom pattern has formed on the GBPAUD M5 chart. A break above the confirmation resistance at 1.9043 may signal a reversal from a downtrend to an uptrend.

The Double Top reversal pattern has formed on the GBPAUD M5 chart. Its upper boundary is at 1.9160, its lower boundary is at 1.9144, and its width is 16 points. A break below the lower boundary is likely to confirm further downward movement toward 1.9129.

The Double Top reversal pattern has formed on the GBPAUD M5 chart. Its upper boundary is at 1.9152, its lower boundary is at 1.9137, and its width is 15 points. A break below the lower boundary is likely to confirm further downward movement toward 1.9122.