GBPUSD might test the top

Bullish: USDX is currently going down at the time of this post. We are currently @ 1.3226. We have convergence in play on the lower compressions. We are looking for an initial move to the ATR target @ 1.3698 area with a continuation to the Day chart top this week @1.3737. Watch the USDX for any change in direction. The ATR for the pair currently is 77 pips per day and its 180 day average is 81 pips per day.

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Posted to Introduction to Forex Targe… on Jan 20, 2022 — 8:01 AM

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