GBPUSD Channel trade

Bullish: We are currently @ 1.3953 in a channel. IF we can break this slope resistance, we are looking for an immediate move to the ATR target @ 1.4027. Look for a reversal back in the range then. Watch the USDX for any change in direction. The ATR for the pair currently is 89 pips per day.

Posted to Introduction to Forex Targe… on Apr 29, 2021 — 8:04 AM
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