GBPJPY range trade

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GBPJPY range trade

By Pro Act Traders — Author

Bearish: We are currently @ 143.24 in a range and out of a rising wedge which is bearish. We are looking for a move to the ATR Target @ 142.60 area. A continuation would target the 0.500 Fibo for an additional 35 pips. Watch the USDX for any change in direction. The ATR for the pair currently is 90 pips per day.

Posted to Introduction to Forex Targe… on Feb 03, 2021 — 8:02 AM

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

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