FX.co ★ GBPAUD M5: Inverse Head and Shoulders

The Inverse Head and Shoulders pattern has formed on the GBPAUD M5 chart. The head low is at 1.9013, while the neckline passes through 1.9026/1.9025. The Inverse Head and Shoulders signals a potential reversal of the downtrend. A break above the higher neckline anchor may confirm the bullish reversal.