$GBPUSD – ascending wedge break? | Marketfy

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$GBPUSD – ascending wedge break?

By Pro Act Traders — Author

Currently we are 1.4677 after breaking out of the ascending wedge and a large range. This indicates we are finally trending. We are looking to continue to the 1.618 /Fibo @ 1.4791 and stall or bounce there. The average daily true range (ATR) for the pair currently is 129 pips.

Posted to Introduction to Forex Targe… on May 02, 2016 — 8:05 AM

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

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