GBPUSD Trying to start the move up

Pro Act

GBPUSD Trying to start the move up

By Pro Act Traders — Author

Bullish: We are currently @ 1.2250 just out of a falling wedge. IF we can break the R2 here, we are looking for a continuation to the ATR target 1.2398 with a further target @ 1.2416. Watch for the reversal there. Watch the USDX for any change in direction. The ATR for the pair currently is 146 pips per day and its 180 day average is 121 pips per day. USDX is currently Down at the time of this post.

The 4 Things you must know in the Forex: http://proacttraders.com/ebook

Posted to Introduction to Forex Targe… on May 16, 2022 — 8:05 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