GBPUSD Channel Continuation Opportunity

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GBPUSD Channel Continuation Opportunity

By Pro Act Traders — Author

Bearish:Currently we are @ 1.3200 and in a range and a nice channel. IF we can break support here, we are looking for the continuation to the ATR target @ 1.3133 and the overall target is @ 1.2950.FOMC today so watch for a quick move before of this to come after FOMC.The average daily true range (ATR) for the pair currently is 51 pips.

Posted to Introduction to Forex Targe… on Mar 20, 2019 — 8:03 AM

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

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