Scott Barkley
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Scott Barkley in Proact Traders,

$GBPAUD-channel trade?

Currently we are @ 1.6818 in a channel.  We are looking for a continuation to the 0.786 Fibo/support @ 1.6723 and a break out there to the Day chart bottom @ 1.6639. The average daily true range (ATR) for the pair currently is 132 pips.