GBPUSD – Channel Continuation

Bullish: We are currently @ 1.1349 in a 5th wave in a channel. Above 1.1370 look for a move to the ATR @ 1.1465. Watch the USDX for any change in direction. The ATR for the pair currently is 241 pips per day and its 180 day average is 187 pips per day. USDX is currently down.

Posted to Introduction to Forex Targe… on Oct 17, 2022 — 9:10 AM

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