Pardon me if I gloat for a few moments but it’s been a fairly slow start to 2012 so its nice to get on a winning trade towards the end of Q1! GBP/AUD is presently testing hourly highs just below 1.5300 but I think the bull trend will soon accelerate and my next technical targets are 1.5675 and 1.6050. I’d expect any dips now towards 1.5150 to be very well supported.