FX:GBPAUD British Pound/Australian Dollar
I like the technical pattern but am concerned about the economic view. The UK election due soon has such potential that it could easily de rail worries on the Australian front. I do agree that the solid bull trend will be hard to break but will remain on the sidelines until the politics is sorted. A hung parliament could put the GBP into a tail spin and A Labour government might well take a 1000 pips away.