"head and shoulders" notice the multi year high at 1.95100 forming the head of the potential head and shoulders. the rejection at 1.9510 produced a sharp selloff which bounced from the neckline then formed the potential right shoulder at 1.91540/37. this pattern is not confirmed yet only a close the neckline in the region 1.87020 will confirm the reversal and likely send the pair towards its 900 pips measured potential in region of 1.7800#TradeComment# #Todayanalysis# #GBP/AUD#
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