GBP/USD – Making the turn

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GBP/USD – Making the turn

By Pro Act Traders — Author

Note: Retail Sales was positive

Bearish: Forex Strategies: Currently we are at 1.3204 in a range. We are looking for a continuation to the ATR target @ 1.3155 area with a further target the 0.618 Fibo @ 1.3144. Watch the USDX for direction, as it could negate all of this. The average daily true range (ATR) for the pair is 78 pips per day and it’s 90 day average is 71 pips per day. My Forex Analysis says USDX is currently up.

Posted to Introduction to Forex Targe… on Sep 17, 2024 — 8:09 AM

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

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