GBPUSD Big C Wave Ahead

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GBPUSD Big C Wave Ahead

By Pro Act Traders — Author

Bearish: We are currently @ 1.2162 after finishing a 5th wave and a trend UP. We are looking to do an ABC reversal to the S6 @ 1.1834. Lots of confluence on this pair. Watch the USDX for direction. The average daily true range (ATR) for the pair is 156 pips. USDX is currently threatening up.

Posted to Introduction to Forex Targe… on Dec 19, 2022 — 8:12 AM

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

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