GBP/AUD is currently in a 1.7170 correction. If we can break this resistance we are looking to continue to the 0.500 Fibo @ 1.6946 and then bounce. The average daily true range (ATR) for the pair currently is 136 pips.
GBP/AUD is currently in a 1.7170 correction. If we can break this resistance we are looking to continue to the 0.500 Fibo @ 1.6946 and then bounce. The average daily true range (ATR) for the pair currently is 136 pips.