GBPUSD channel continuation

Bullish: We are currently @ 1.3118 after the channel bounce. We have convergence for the upside move on the 60-minute chart. We are looking for a continuation to the ATR target @ 1.3188 and then possible continue to the 2.270 Fibo extension @ 1.3214. Watch the USDX for direction. The ATR for the pair currently is 109 pips.

Posted to Introduction to Forex Targe… on Aug 11, 2020 — 8:08 AM

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