FX.co ★ Patterns GBPAUD | British Pound (GBP) to Australian Dollar (AUD) Rate in the Forex market
GBPAUD M30
Double Top
The Double Top pattern has been formed on GBPAUD M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.9680 is broken, the downward movement will continue.
GBPAUD M15
Double Top
The Double Top pattern has been formed on GBPAUD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.9680 is broken, the downward movement will continue.
GBPAUD M5
Bullish Flag
The Bullish Flag pattern which signals continuation of a trend has been formed on the chart GBPAUD M5. Forecast: if the price breaks above the pattern high at 1.9588, then traders will be able to place a long deal with the target at 1.9603.
GBPAUD M5
Bullish pennant
The Bullish pennant graphic pattern has formed on the GBPAUD M5 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks out high, is expected to continue the upward trend to level 1.9603.
GBPAUD M30
Double Bottom
The Double Bottom pattern has been formed on GBPAUD M30; the upper boundary is 1.9526; the lower boundary is 1.9502. The width of the pattern is 23 points. In case of a break of the upper boundary 1.9526, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.
GBPAUD M5
Double Bottom
The Double Bottom pattern has been formed on GBPAUD M5. Characteristics: the support level 1.9504; the resistance level 1.9523; the width of the pattern 19 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 20 points.
GBPAUD M5
Inverse Head and Shoulder
According to M5, GBPAUD is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 1.9540/1.9543 is broken out, the instrument is likely to move toward 1.9558.
GBPAUD M5
Triple Bottom
The Triple Bottom pattern has formed on the chart of the GBPAUD M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 1.9585/1.9576.
GBPAUD M5
Bullish Flag
The Bullish Flag pattern which signals continuation of a trend has been formed on the chart GBPAUD M5. Forecast: if the price breaks above the pattern high at 1.9574, then traders will be able to place a long deal with the target at 1.9589.
GBPAUD M5
Bullish pennant
The Bullish pennant signal – Trading instrument GBPAUD M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 1.9574, with the prospect of the next move being a projection of the flagpole height.