In the previous look at GBP/AUD, I was anticipating another bearish swing within the context of a bearish correction. However, as we can see in the 4H chart below, the downswing stopped short and a bullish breakout followed.GBP/AUD 4H Chart 11/30(click to enlarge)Bullish Breakout:- Price action is indeed breaking above a falling resistance.- In the previous update, I noted that a break above 1.68 would be a good sign of bullish continuation.- The face that we saw support at 1.6650 is also indicative of bulls taking over this market. - This bullish breakout opens up the 1.70 psychological handle.