GBPUSD Continuation still in play

Bearish: We are currently @ 1.2135 in a channel and large flag pattern (bearish). IF we can break support here, we are looking to continue to the ATR target @ 1.1998. Lots of confluence on this pair. Watch the USDX for direction. The average daily true range (ATR) for the pair is 156 pips. USDX is currently threatening up.

Posted to Introduction to Forex Targe… on Dec 20, 2022 — 8:12 AM

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