GBPUSD poised for the fall

Bullish: USDX is currently bullish at the time of this post. We are currently @ 1.3508 in a channel. We are looking for an initial move to the ATR target @ 1.3445 area with a further target the 1.3400. Watch the USDX for any change in direction. The ATR for the pair currently is 85 pips per day and its 180 day average is 86 pips per day.

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Posted to Introduction to Forex Targe… on Feb 07, 2022 — 8:02 AM

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