A bullish Gartley pattern is emerging on the GBP/USD int he wake of non farm payroll.  Despite the volatility created by NFP, the pair remained moving in a general uptrend.  The pattern wouldn't enter at a specific trend line, but the general uptrend is a good enough longer term reason to support the bullish idea.  The trade idea would also enter a significant low between X and A on the 4hr Chart.

The AUD/USD continues to rally above the 8hr Chart bullish trend line.  In fact, the rally has accelerated and formed a second bullish trend line as well.  However, the rally has led to a test at 78.6% of XA on the Daily Chart.  Something has to give way shortly, and the surviving level (78.6 of XA or the bullish trend line) will help determine our near term bias.  Ideally, 78.6% of XA will push the pair down in the shape of a bullish pattern that would allow us to go long near either bullish trend line.

The NZD/USD has seen a perfect fourth test of the bullish trend line.  Unfortunately there was no pattern that allowed us to go long at this test, but it is still advantageous to have yet another successful test.  Now we have a very strong bullish trend line to work with.  Furthermore, the accelerating rally has created a second bullish trend line.  We will watch for a new bullish patterns to emerge that would allow us to go long near either bullish trend line. 

The pair has broken above point 61.8% of XA on the Weekly Chart, although that level could still hold on.  Regardless, it would be ideal if one of these resistance levels temporarily pushed the pair down in a bullish pattern that could allow us to go long near the bullish trend line.