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

The Triple Top pattern has formed on the chart of GBPAUD M30 and signals a possible trend reversal. After the third peak forms, a break below the confirmation support at 1.9106 may confirm the bearish scenario. The projected peak-to-trough width is 33 points.

The Bullish Symmetrical Triangle pattern has formed on the GBPAUD M5 chart, signaling a likely continuation of the trend. Its upper boundary passes through 1.9160/1.9152, while its lower boundary passes through 1.9147/1.9152. The pattern width is 13 points. When the Bullish Symmetrical Triangle forms during an uptrend, it indicates that the prevailing trend may continue. A breakout above 1.9152 could send the price toward 1.9167.

The Bullish Symmetrical Triangle pattern has formed on the GBPAUD M5 chart. This is a trend continuation pattern. Its upper and lower boundaries are at 1.9160 and 1.9094, respectively. The pattern width is 66 points. If the price breaks above the upper boundary at 1.9160, it is likely to move toward 1.9146.

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 1.9138/1.9136 may confirm the bearish reversal.

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.