SamKent
Long

GBP/AUD Long Term Long

FX:GBPAUD   British Pound / Australian Dollar
51 0 1
The GBP/AUD             looks to be in a possible sequence for a big bull move. The pair has broken above the kumo and has since retested its upper level and found it supportive. It has also found the 38.2% fib retrace as support, and is now looking at a possible tenkan-kijun bullish crossover above the kumo. We're looking at RSI above 50, at a thick kumo future and 50 SMA sitting at the top of the cloud. We're looking to go long on the bullish crossover, aiming initially towards the 1.900 highs, and ultimately towards 1.94500 which will complete a picture perfect ABCD pattern .
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