GBP/AUD – Bear run next

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GBP/AUD – Bear run next

By Pro Act Traders — Author

Forex Strategy is Bearish: We are currently @ 1.9914 in a channel. Since we broke the support here, we are looking for a continuation to the ATR target @ 1.9842 area, with the overall target the range bottom @ 1.9800. We have convergence on the 60 min chart. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 158 pips per day and it’s 90-day average is 134 pips per day.

Posted to Introduction to Forex Targe… on Jan 06, 2025 — 8:01 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

I feel I picked the right trading company.

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