GBP/AUD Foreign exchange Technique is Bearish: We’re at present @ 2.0571 in a Rising Wedge. Now we have divergence in play for the down transfer. This can be just a little early since reversals can take a while.
We’re in search of a continuation to the ATR goal @ 2.0448 space, with an extra goal the 0.786 Fibo @ 2.0388 space. USDX is at present down.
Watch the USDX for course. The common each day true vary (ATR) for the pair at present is 144 pips per day and it’s 90-day common is 138 pips per day.





