GBP/AUD Bearish: Currently we are at 1.8223 after the pullback. We have the start of convergence to the downside on the 60-minute chart. We are looking to continue to the ATR target at 1.8112 and then a continuation to the range bottom at 1.8052. We expect a bounce there. The average daily true range (ATR) for the pair currently is 171 pips.