Well, What is going on with London 88E? The daily chart just...

Well, What is going on with London 88E? The daily chart just shows a V shape bottom, are we going to stop soon? or we will continue to move up, but when/where is the possible target?

To gauge some hints, let's have a look at the 15 minute chart:

Strong bounce from 0.95p to 1.48p, the last 2 days it formed a little triangle, or pennant (within the two blue lines), towards the end of last night's session, it started to break out to the upside and closed the session at the apex (red arrow pointing).

So looks like we have a continuation pattern.  See these links for an explanation of triangle or pennant:
https://www.investopedia.com/terms/t/triangle.asp
https://www.investopedia.com/terms/p/pennant.asp

What is the possible target? A pennant is usually happens at half way of a trend, we have moved up about 1/2p, so it is possible to move up another 1/2p.  That means that there is a possibility it will move to 2p (3.5c AUD).