GBP/USD – Still on track

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GBP/USD – Still on track

By Pro Act Traders — Author

Note: Unemployment claims was Positive

Bearish: We are currently @ 1.2624 in a flag pattern that is bearish.. IF we can break support here, we are looking for a continuation to the ATR Target @ 1.2545 with the overall target today the 1.618 Fibo @ 1.2502. Watch the USDX for direction. The average daily true range (ATR) for the pair is 96 pips per day and it’s 90 day average is 99 pips per day. USDX is currently moving up.

Posted to Introduction to Forex Targe… on Jun 29, 2023 — 8:06 AM

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

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By jennifer santiago — 3 years ago

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