GBP/AUD Long-Term Setup (Long)

In this pair I see a great potential long setup. With a harmonic cypher in play and a inverse H&S taking shape, I am pretty confident in the underlying strength in a gbp rally. This also aligns with the H&S forming on the eurgbp pair, which is a clear short.

For further evidence, I also see underlying weakness in the aussie, based on my audusd short and euraud long.

Entry: 1.71715

TP1: 1.984
TP2: 2.0325
TP3: 2.08

Sl: 1.65