BlueMindFX - GBPAUD - Possible formation of Head and Shoulder

Hi Traders,

GBPAUD seems to be moving back up to test the resistance and if it does not break through we could be looking at the formation of a Head and Shoulders pattern.

If we do see Price reject the 1.891 area we could be looking at an excellent short trade with very good Risk:Reward and a short stop.

As always head over to telegram BlueMindFX for free forex signals or over to www.bluemindfx.net for signals/training and an awesome community!

Run with the Bulls and Hunt with the Bears traders!

Veela