GBP/AUD – continues the 5th wave

Pro Act

GBP/AUD – continues the 5th wave

By Pro Act Traders — Author

Note: Core CPI and CPI were positive!

Bullish: We are currently @ 1.9230 in a channel in a range. We have convergence for the continuation of the 5th wave. We are looking for a continuation to the 1.618 Fibo @ 1.9271 with the further target for today the ATR Target @1.9314. Watch the USDX for direction. The average daily true range (ATR) for the pair is 142 pips per day and it’s 90 day average is 145 pips per day. USDX is currently moving UP.

Posted to Introduction to Forex Targe… on Oct 12, 2023 — 8:10 AM

Check out what my VIP members get

Recent free content from Pro Act Traders

EUR/AUD-Breakout in the range — 4/25/24
GBP/USD-continuing the channel — 4/24/24
CHF/JPY-continuing a 3rd wave — 4/23/24
AUD/USD-starting the up move — 4/22/24
GBP/AUD-Sweet opportunity down — 4/18/24

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 — 2 years ago

I feel I picked the right trading company.

By rakeshnarwal — 3 years ago

See All Reviews →

Pro Act