FX:GBPAUD British Pound/Australian Dollar
The GBP/AUD looks to be in a possible sequence for a big 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 crossover above the kumo. We're looking at above 50, at a thick kumo future and 50 sitting at the top of the cloud. We're looking to go long on the crossover, aiming initially towards the 1.900 highs, and ultimately towards 1.94500 which will complete a picture perfect .