GBPUSD reversal trade

Pro Act

GBPUSD reversal trade

By Pro Act Traders — Author

Bearish: We are currently @ 1.3683 in a range and a triple top in play. IF we can break this support, we are looking for a move to the ATR Target @ 1.3600 area. A continuation would target the 0.500 Fibo for an additional 75 pips. Watch the USDX for any change in direction. The ATR for the pair currently is 102 pips per day.

Posted to Introduction to Forex Targe… on Feb 01, 2021 — 8:02 AM

Check out what my VIP members get

Recent free content from Pro Act Traders

GBP/USD – Targets the range top — 11/21/24
NZD/JPY – Showing bearish signs — 11/20/24
GBP/USD – Falling Wedge Breakout — 11/19/24
GBP/USD – Rectangle Breakout https://www.proacttraders.com/blog/ — 11/18/24
GBP/CHF – In A Breakout — 11/13/24

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 — 3 years ago

See All Reviews →

Pro Act