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GBP/AUD: Continuation Of Expanding Wedge

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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 Wedge Continuation

GBP/AUD Wedge Continuation

GBP/AUD: Continuation Of Expanding Wedge

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