GBPUSD Cup and Handle in play

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GBPUSD Cup and Handle in play

By Pro Act Traders — Author

Bullish: USDX is currently trying to go down at the time of this post. We are currently @ 1.3090 in a channel. We also have a possible cup and handle pattern which is bullish. We are looking for an initial move to the ATR target@ 1.3169 area and then the handle. Watch the USDX for any change in direction. The ATR for the pair currently is 120 pips per day and its 180 day average is 98 pips per day.

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Posted to Introduction to Forex Targe… on Mar 16, 2022 — 8:03 AM

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

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