QuileHills
Long

GBPAUD Long Potential

FX:GBPAUD   British Pound/Australian Dollar
167 0 8
GBPAUD             is right at it's currently established 6 day mode range bottom which is also the previous 6 day mode level. If the pair recovers its recent downward movement, breaches it's current mode, the previous daily high and the descending short term trend resistance (yellow line) I think it will be safe to buy this pair with a TP of 1.77956

A break not much further down would invalidate this potential in my eyes. Below 1.73332 would indicate a bearish reversal.
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