FX:GBPAUD British Pound/Australian Dollar
PA broke 38.2, the reversal point is in the middle of 38,2-50.
What a crazy, never-looking-back correction... Although it could have been aniticipated based on the fact that market was overextended to the downside, while the long-term down trend was not very strong (to support it). So it snapped back up to the upper border of your channel. Now it's due (even overdue) to go down.