GBPJPY Breakout

Bearish: Currently we are @ 135.56 in a channel in a Range. If we can break the channel, we are looking to continue to ATR target @ 134.86 area and possible on to the support area @ 134.20. Watch for the reaction there. The average daily true range (ATR) for the pair currently is 133 pips.

Posted to Introduction to Forex Targe… on Jul 28, 2020 — 8:07 AM
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