Blend 2 sliced peaches, 1 tbsp sugar, and 1 cup of Moscato until they reach a smooth consistency (30-60 second depending on your blender). Pour into a large glass.
Remove the stems from strawberries and slice.
Then blend 2 cups of strawberries, 1 tbsp sugar, and 1/2 cup of Moscato. Carefully pour the strawberry blend into the glass, on top of the peach mixture. I found that tilting the glass and slowly pouring helped to achieve the color blocked look.
Add a peach wedge and it's ready for sipping
To get a color blocked cocktail, I blended the peach mix separately from the strawberries, but you could always just blend everything together at once, if you don't care about the color blocking.