GBP/AUD – Top in place

Jun 26, 2023

Bearish: We are currently @ 1.9024 after putting in a double top. IF we can break Slope support here, we are looking for a continuation to the S3 @ 1.8953 with the overall target today the ATR target @ 1.8900. Watch the USDX for direction. The average daily true range (ATR) for the pair is 150 pips per day and it’s 180 day average is 146 pips per day. USDX is currently moving down