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    GBP/AUD: Continuation Of Expanding Wedge

    Abstract:GBP/AUD: Continuation Of Expanding Wedge

      Bearish

      GBP/AUD is currently at 1.7929 in an expanding wedge in a range.

      We are looking for an immediate move to the ATR target at 1.7833. A further target would be the S6 at 1.7657.

      Watch the USDX for any change in direction. The ATR for the pair currently is 131 pips per day.

    GBP/AUD

      GBP/AUD Wedge Continuation

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