GBP/USD – 5th wave underway

Pro Act

GBP/USD – 5th wave underway

By Pro Act Traders — Author

Forex Strategy is Bullish: We are currently @ 1.2416 in a 5^th wave in a channel. We are looking for a quick bounce and then a continuation to the ATR target @ 1.2489 area, with a 5^th wave target @ 1.2595. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 111 pips per day and it’s 90-day average is 97 pips per day.

Posted to Introduction to Forex Targe… on Feb 04, 2025 — 8:02 AM

Check out what my VIP members get

Recent free content from Pro Act Traders

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 — 4 years ago

See All Reviews →

Pro Act