Breakout to the upside for AUD/GBP?

We have seen a break on the descending trend channel following a double bottom formed on this pair. We have plenty of room to the left for this pair to make a break to the upside.

Break above the previous day high combined with the cross of the 5 and 50 day MA on the 4HR chart gives extra confluence.
Chart PatternsTechnical IndicatorsTrend Analysis

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