GBPUSD reversal trade

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

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