GBPUSD poised to continue the channel

Bullish: We are currently @ 1.2188 after a channel wall bounce. We are looking for a continuation to the ATR target@ 1.2323 area and then the 0.618 Fibo @ 1.2352 area. Watch the USDX for any change in direction. The ATR for the pair currently is 141 pips per day and its 180 day average is 133 pips per day. USDX is currently also possibly topping out at the time of this post.

The 4 Things you must know in the Forex: http://proacttraders.com/ebook

Posted to Introduction to Forex Targe… on Jun 16, 2022 — 8:06 AM

Recent free content from Pro Act Traders

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!

Reviews Average Rating          

         
I feel I picked the right trading company.
         
See All Reviews →