GBPUSD Channel continuation

Bearish: USDX is currently moving up at the time of this post. We are currently @ 1.3562. We are looking for an initial move to the ATR Target @ 1.3476 and then to the support @ 1.3425 area. Watch the USDX for any change in direction. The ATR for the pair currently is 93 pips per day and its 180 day average is 96 pips.

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Posted to Introduction to Forex Targe… on Nov 09, 2021 — 8:11 AM

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