GBPJPY Channel

Bearish: We are currently @ 139.59 in a channel. IF we can break the support here, we are looking for a move to the ATR Target @ 138.68 area. The further target is the bottom @ 138.00. Watch the USDX for any change in direction. The ATR for the pair currently is 136 pips per day.


Posted to Introduction to Forex Targe… on Jan 05, 2021 — 8:01 AM

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