Forex analytics and overview
GBP/AUD: Bearish Breakout Signals Potential Drop Toward 1.9535
2025.01.22 10:04
Forex Strategy is Bearish: We are currently @ 1.9654 in a range. If we can break the support here, we are looking for a continuation to the ATR target @ 1.9574 area, with possible movement to the 1.618 Fibo @ 1.9535. Watch the USDX for directions. The average daily true range (ATR) for the pair currently is 141 pips per day and its 90-day average is 137 pips per day.
