GBPUSD – CPI opportunity

Pro Act

GBPUSD – CPI opportunity

By Pro Act Traders — Author

Note: CPI was neutral USDX negative initially

Bullish: We are currently @ 1.2175 in the start of a run after a resistance breakout. We are looking for a move here to continue to the ATR target @ 1.2279 area with a further target @ 1.2318. Watch the USDX for direction. The average daily true range (ATR) for the pair is 127 pips and it’s 180 day average is 153 pips per day. USDX is currently threatening down.

Posted to Introduction to Forex Targe… on Jan 12, 2023 — 8:01 AM

Check out what my VIP members get

Recent free content from Pro Act Traders

GBP/USD – Targets the range top — 11/21/24
NZD/JPY – Showing bearish signs — 11/20/24
GBP/USD – Falling Wedge Breakout — 11/19/24
GBP/USD – Rectangle Breakout https://www.proacttraders.com/blog/ — 11/18/24
GBP/CHF – In A Breakout — 11/13/24

You can also use Ctrl+Enter to post

Comments ({[comments.length]})

Sort By:

Loading Comments

No comments. Break the ice and be the first!

Error loading comments Click here to retry

No comments found matching this filter

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

{[comment.date_posted|date_format]} ● {[comment.date_posted|date_ago]} ● Edited ● Edit Comment ● Delete Comment

Want to add a comment? Take me to the new comment box!

By jennifer santiago — 3 years ago

I feel I picked the right trading company.

By rakeshnarwal — 3 years ago

See All Reviews →

Pro Act