GBP/USD-back to the top

Bullish: Forex Strategies: Currently we are at 1.2686 in a range. We are looking to continue a C wave to the ATR target @ 1.2743 area and then the 1.000 Fibo @ @ 1.2760 area. We should see a reaction there. Watch the USDX for direction. The average daily true range (ATR) for the pair is 74 pips per day and it’s 90 day average is 72 pips per day. Forex Analysis says USDX is currently down.

Posted to Introduction to Forex Targe… on Jun 18, 2024 — 9:06 AM

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