$EURGBP-Breakdown?

Currently we are @ 0.8709 after a breakout of a channel in a range. We are looking to continue to the 0.500 Fibo @ 0.8628 and watch for a bounce there before resumption to the 0.786 Fibo @ 0.8499. The average daily true range (ATR) for the pair currently is 52 pips.

Posted to Introduction to Forex Targe… on Mar 15, 2017 — 8:03 AM
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