GBPAUD- triangle break

Currently we are @ 1.7273 in a well-established range and trying to break out of the symmetrical triangle which is bearish. We are looking to continue initially to the 0.270 Fibo @ 1.7159 and then to the 0.618 Fibo @ 1.7080 area this week. The average daily true range (ATR) for the pair currently is 102 pips.

GBPAUD- triangle break