GBP/USD – Range Breakout

Pro Act

GBP/USD – Range Breakout

By Pro Act Traders — Author

Forex Strategies Bearish: We are currently @ 1.2993 just out of a range. IF we can get a clean break down, we are looking to target the ATR target @ 1.2910. A further target is the 1.000 Fibo @ 1.2838. Watch for a reaction there. The pair should prove it out when the market opens. Its Daily ATR is 82 pips, and its 90-day average is 77 Pips a day. My Analysis says the USDX is currently up.

Posted to Introduction to Forex Targe… on Oct 17, 2024 — 8:10 AM

Check out what my VIP members get

Recent free content from Pro Act Traders

EUR/AUD – Cup and handle in play — 10/16/24
EUR/JPY – Will the Range Break — 10/15/24
GBP/USD – Finish the range today — 10/08/24
USD/JPY-4th wave to a 5th — 10/07/24
GBP/USD-Sym Triangle break — 10/02/24

You can also use Ctrl+Enter to post

Comments ({[comments.length]})

Sort By:

Loading Comments

No comments. Break the ice and be the first!

Error loading comments Click here to retry

No comments found matching this filter

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

{[comment.date_posted|date_format]} ● {[comment.date_posted|date_ago]} ● Edited ● Edit Comment ● Delete Comment

Want to add a comment? Take me to the new comment box!

By jennifer santiago — 3 years ago

I feel I picked the right trading company.

By rakeshnarwal — 3 years ago

See All Reviews →

Pro Act