GBP/AUD Continuation?

 | Jun 29, 2017 08:43AM ET

Currently we are at 1.6908 after completing a corrective move. We are looking to move to the 0.618 Fibo at 1.6778. We could bounce there or continue to the 1.3717. The average daily true range (ATR) for GBP/AUD currently is 174 pips.