GBP/USD – one more push down

Pro Act

GBP/USD – one more push down

By Pro Act Traders — Author

Bearish: We are currently @ 1.221 in a trend and a 5th wave. We have convergence for the downside move. We are looking for a continuation to the ATR Target @ 1.2162 with the further target for today the 1.618 Fibo @1.2139. Watch the USDX for direction. The average daily true range (ATR) for the pair is 80 pips per day and it’s 90 day average is 94 pips per day. USDX is currently moving up.

Posted to Introduction to Forex Targe… on Sep 25, 2023 — 8:09 AM

Check out what my VIP members get

Recent free content from Pro Act Traders

GBP/USD-Continues its climb — 4/29/24
EUR/AUD-Breakout in the range — 4/25/24
GBP/USD-continuing the channel — 4/24/24
CHF/JPY-continuing a 3rd wave — 4/23/24
AUD/USD-starting the up move — 4/22/24

You can also use Ctrl+Enter to post

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

{[comment.author.username]} {[comment.author.username]} — Marketfy Staff — Maven — Member

{[comment.date_posted|date_format]} ● {[comment.date_posted|date_ago]} ● Edited ● Edit Comment ● Delete Comment

Want to add a comment? Take me to the new comment box!

By jennifer santiago — 2 years ago

I feel I picked the right trading company.

By rakeshnarwal — 3 years ago

See All Reviews →

Pro Act