GBPUSD Triangle Breakout

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GBPUSD Triangle Breakout

By Pro Act Traders — Author

Bearish: We are currently @ 1.4160 in a range. We have divergence in play for the bear run. IF we can break this triangle, we are looking for an initial move to the ATR Target @ 1.4063 area. Watch the USDX for any change in direction. The ATR for the pair currently is 87 pips per day.

Posted to Introduction to Forex Targe… on Jun 09, 2021 — 8:06 AM

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

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