GBP/USD – Trend continuance

Pro Act

GBP/USD – Trend continuance

By Pro Act Traders — Author

Bearish: We are currently @ 1.2074 in a Trend. We have convergence for the continuation move. We are looking for a continuation to the ATR Target @ 1.2007 with the further target for today the 1.000 Fibo @1.1961. Watch the USDX for direction. The average daily true range (ATR) for the pair is 80 pips per day and it’s 90 day average is 95 pips per day. USDX is currently moving UP and must continue for this to happen.

Posted to Introduction to Forex Targe… on Oct 03, 2023 — 8:10 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