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GBPAUD Market Analysis: Head and Shoulder Pattern Indicates Bearish Movement

Posted on 3rd Nov, 2023 | by Yuki Tanaka

A head and shoulder pattern formed on the GBPAUD daily chart from 1st Nov to 3rd Nov 2023, indicating a potential bearish movement. The formation is still in progress and it’s about to touch the neckline at 1.8865. We hope you are gearing up to catch the movement at the right time.

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