Scott Barkley
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Scott Barkley in Proact Traders,

$GBPAUD- channel break?

Currently we are 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 @ 2.1548 with an overall target @ 2.1400. The average daily true range (ATR) for the pair currently is 248 pips