GBPUSD last push–

Bearish: We are currently @ 1.1565 in a 5th wave and a trend. IF we can break the slope support we are looking for a final move to the ATR Target @ 1.1382-1405 area and then a reversal. We have convergence in play as well as USDX appears to be topping out. Watch the USDX for any change in direction. The ATR for the pair currently is 116 pips per day and its 180 day average is 118 pips per day. USDX is currently up.


Posted to Introduction to Forex Targe… on Sep 06, 2022 — 8:09 AM
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!