GBPUSD Channel Continuation

Bearish: USDX is turning up at the time of this post. We are currently @ 1.3732 in a down channel. We are looking for an initial move to the ATR Target @ 1.3681 area and then down to the 0.500 Fibo @ 1.3662 area. Watch the USDX for any change in direction. The ATR for the pair currently is 78 pips per day and its 180 day average is 82 pips.

Free Forex eBook:

Posted to Introduction to Forex Targe… on Oct 28, 2021 — 8:10 AM

Recent free content from Pro Act Traders

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
Want to add a comment? Take me to the new comment box!

Reviews Average Rating          

I feel I picked the right trading company.
See All Reviews →