Price found structure between the 88.6% and 78.6% levels. If price can break 78.6% and create a new found support I expect price to continue long.
GBPAUD reacted well off of the three month fib levels of 78.6%, 61.8%, and 50%, showing positive bullish momentum. The prior quarter posted a bullish doji at the end of a major bearish impulsive move.