GBP/AUD: Opportunity

Waiting

GBP/AUD is currently at 1.8283 in a channel in a range. Two scenarios:

Bullish: A move to the upper channel at 1.8420 area. 

Bearish: A break out here would target the at 1.8192 ATR Target. Watch the USDX for any change in direction. The ATR for the pair currently is 114 pips per day.

GBPAUD

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