GBP/AUD is currently going up at the time of this post but at a top with divergence, so anticipating a breakdown. We are now at 1.8890.
We have convergence in play on the hourly compressions. We are looking for an initial move to the ATR target near the 1.8777 area.
Watch the DXY for any change in direction. The ATR for the pair currently is 112 pips per day, and its 180-day average is 116 pips per day.