GBPUSD still working the channel

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GBPUSD still working the channel

By Pro Act Traders — Author

Bearish: We are currently @ 1.2551 in a channel after a sideways move. We are looking for a continuation to the ATR target @ 1.2489. and then to the S6@ 1.2480. Watch the USDX for any change in direction. The ATR for the pair currently is 101 pips per day and its 180 day average is 100 pips per day. USDX is currently up but could be topping out soon at the time of this post.

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Posted to Introduction to Forex Targe… on Apr 27, 2022 — 8:04 AM

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

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