GBP/JPY –Bouncing off the bottom

Bullish: We are currently @ 181.50 in a range. We have a gap that has not been filled ( only filled 78% of the time). We are looking for a continuation to the ATR Target @ 184.35 with the further target for today the 1.618 Fibo @184.94. Watch the USDX for direction. The average daily true range (ATR) for the pair is 143 pips per day and it’s 90 day average is 152 pips per day. USDX is currently moving up to go down.

Posted to Introduction to Forex Targe… on Sep 12, 2023 — 8:09 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 →