GBP/AUD BREAK>RETEST SETUPGBP pairs have closed above previous daily high's & GBPAUD also closed above 1.875 so we will more than likely see GBPAUD head to the next key area which is 1.9000. We could see a potential break and retest and go long for a nice 250 pips.
To summarise...
KEY SUPPORT AND RESISTANCE AREA HAS BEEN BROKEN. So we wait for a retest and rejection before going long.
If that doesn't play out wait for a candle to finish outside of the Uptrend before entering, possible even M/A cross over to help with entry.
