FX.co ★ Actual patterns. Technical analysis and trading recommendations

The Double Top reversal pattern has formed on the GBPAUD M5 chart. Its upper boundary is at 1.9160, its lower boundary is at 1.9144, and its width is 16 points. A break below the lower boundary is likely to confirm further downward movement toward 1.9129.

The Double Top reversal pattern has formed on the GBPAUD M5 chart. Its upper boundary is at 1.9152, its lower boundary is at 1.9137, and its width is 15 points. A break below the lower boundary is likely to confirm further downward movement toward 1.9122.

The Bearish Rectangle has formed on the GBPAUD M5 chart and indicates a likely continuation of the trend. Its upper boundary is at 1.9045 and its lower boundary is at 1.9035. A short position may be considered once the price closes below the lower boundary at 1.9035 of the Bearish Rectangle.

The Triple Top pattern has formed on the chart of GBPAUD M15 and signals a possible trend reversal. After the third peak forms, a break below the confirmation support at 1.9033 may confirm the bearish scenario. The projected peak-to-trough width is 11 points.

The Bullish Rectangle has formed on the GBPAUD M5 chart. This pattern indicates a likely continuation of the trend. Its resistance is at 1.9064 and its support is at 1.9056. A breakout above the resistance zone at 1.9064–1.9064 is likely to signal a continuation of the bullish trend.