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GBP/AUD: Next Target?

GBP/AUD: Next Target?

Currently the GBP/AUD pair is at 2.1657 after breaking the upside channel and now in a well-defined range. We are looking for this to continue to the Fibo support area at 2.1548 with an overall target at 2.1400. The average daily true range (ATR) for the pair currently is 248 pips

GBP/AUD 60-Minute Chart

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