GBP/AUD Channel Opportunity Again

GBP/AUD Bearish: Currently we are at 1.8500 and in a flag pattern (same as yesterday). If we can break back into the channel, we are looking for a continuation to the 0.500 Fibonacci and ATR target of at 1.18364. The average daily true range (ATR) for the pair currently is 202 pips.


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