GBPJPY channel

Bullish to Bearish: Currently we are @ 131.90 in a channel. We are looking for a continuation to the ATR target @ 132.43 and then to the range top @ 131.35. Watch for the selloff there. The average daily true range (ATR) for the pair currently is 151 pips.

Posted to Introduction to Forex Targe… on May 19, 2020 — 8:05 AM

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Great weekly analysis, very useful and educational.
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