GBPJPY Breakout?

Bullish maybe: We are currently @1.2932 in a nice channel. We are poised for a breakout (although we could have one more move to the day chart bottom @ 134.95). We are looking for a continuation to the ATR target @ 137.00 if we get the Breakout. COT reports major longs on all GBP pairs. Watch the USDX for direction. The ATR for the pair currently is 150 pips per day.


Posted to Introduction to Forex Targe… on Sep 14, 2020 — 8:09 AM
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