GBPJPY channel Trade

Bullish: We are currently @141.17 in a channel. We are looking for a continuation to the ATR target @ 142.00 and then later to the channel top. This could be the last bullish move since we have possible divergence starting. Watch the USDX for direction. The ATR for the pair currently is 111 pips per day.

Posted to Introduction to Forex Targe… on Aug 31, 2020 — 8:08 AM

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Great weekly analysis, very useful and educational.
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