GBP/AUD – Wedge Break?

 | Apr 12, 2016 08:58AM ET

GBP/AUD

Currently we are 1.8604 continuing in the range but out of the wedge. We hit our first target (1.8604) and are looking to continue to the range bottom at 1.8500. The average daily true range (ATR) for the pair currently is 180 pips.