GBPAUD range trade

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GBPAUD range trade

By Pro Act Traders — Author

Bearish: Currently we are @ 1.8223 after the pullback. We have the start of convergence to the downside on the 60-minute chart. We are looking to continue to the ATR target @ 1.8112 and then a continuation to the range bottom @ 1.8052. We expect a bounce there. The average daily true range (ATR) for the pair currently is 171 pips.

Posted to Introduction to Forex Targe… on Jun 10, 2020 — 8:06 AM

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{[comment.author.username]} {[comment.author.username]} — Marketfy Staff — Maven — Member

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