GBP/AUD Reversal Imminent

Forex Strategy is Bearish: We are currently @ 1.9223 in the top of the Range. If we can break support here, we are looking to  continue to the ATR target @ 1.9142 and continue to the 0.618 Fibo @ 1.9102 area. USDX is currently down. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 123 pips per day and it’s 90-day average is 94 pips per day.