GBPUSD: might breakout?

Pro Act

GBPUSD: might breakout?

By Pro Act Traders — Author

Waiting:Currently we are at 1.8847 in a channel. A reaction at the channel wall down would Target the 0.786 Fibo @ 1.8754. A breakout, look for the 0.382 Fibo @ 1.3233. The average daily true range (ATR) for the pair currently is 105 Pips.WATCH THE USDX for more clues.

Posted to Introduction to Forex Targe… on Jan 21, 2020 — 8:01 AM

Check out what my VIP members get

Recent free content from Pro Act Traders

AUD/JPY – Wedge breakout points to a double Bottom — 12/18/24
USD/JPY – One more push up — 12/16/24
EUR/JPY – Bears taking over — 12/12/24
EUR/AUD – Rising wedge at the Top — 12/11/24
USD/JPY – On the Move — 12/10/24

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 — 4 years ago

See All Reviews →

Pro Act