GBP/JPY – Is making the turn

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GBP/JPY – Is making the turn

By Pro Act Traders — Author

Note: ISM Manufacturing today

Bullish: Forex Strategies: Currently we are at 192.88 after finishing 5 wave to the downside. We are looking for a continuation up to the ATR target @ 193.44 AFTER a pullback. Watch the USDX for direction, as it could negate all of this. The average daily true range (ATR) for the pair is 243 pips per day and it’s 90 day average is 166 pips per day. My Forex Analysis says USDX is currently up.

Posted to Introduction to Forex Targe… on Aug 01, 2024 — 8:08 AM

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

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