GBPUSD continuation

Bearish: Currently we are @ 1.2407. We have convergence to the downside on the 60-minute chart. We are looking to continue to the ATR target @ 1.2231 area and then a continuation to the S6 @ 1.2229. We expect a bounce there. The average true range (ATR) for the pair currently is 131 pips per day.


Posted to Introduction to Forex Targe… on Jun 22, 2020 — 8:06 AM

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