Reading the Chart

GBP/AUD Still More Room To The Top

GBP/AUD Still More Room To The Top

1 min read

Forex Strategy is Bullish: We are currently @ 1.9424 in a Range. We are looking for a bounce after this short pullback and then continue to the ATR Target @ 1.9489-9510 area. USDX is currently up. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 129 pips per day and it’s 90-day average is 98 pips per day.

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