Bullish: GBP/AUD is at 1.9163 in a channel in a range. We have convergence for the continuation move. We are looking for a continuation to the 1.00 Fibo at 1.9201 with the further target for today the ATR Target at 1.9260.
Watch the USDX for direction. The average daily true range (ATR) for the pair is 142 pips per day and its 90-day average is 145 pips per day. USDX is currently moving UP