GBPUSD range trade

Bullish: USDX is headed up at the time of this post. Currently we are at 1.3819. We are looking for a continuation to the ATR (Average True Range) Target @ 1.3740 area. We have a MACD break already on the 60 min. Watch the USDX for any change in direction. The ATR for the pair currently is 74 pips per day and it’s 180 day average is 82 pips.

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Posted to Introduction to Forex Targe… on Sep 15, 2021 — 8:09 AM

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