$GBPUSD- Wedge Break? | Marketfy

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$GBPUSD- Wedge Break?

By Pro Act Traders — Author

Currently weare at 1.5166 after the break south of the expanding wedge. We are looking fora bullish continuation to the R5 / day chart target @ 1.506-5025. We haveto break the support cluster in the 1.5160 area first. FOMC later – becareful! The average daily true range(ATR) for the pair currently is 128 pips.

Posted to Introduction to Forex Targe… on Jul 31, 2013 — 8:07 AM

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

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