GBPUSD correction done let’s go

Bullish: We are currently @ 1.1780 in a bull flag which is bullish for the pair. If we can break the flag, we are looking for a continuation to the R4/ATR target @ 1.1961 area with a bigger target the 0.382 Fibo @ 1.1981 area. Watch the USDX for any change in direction. The ATR for the pair currently is 125 pips per day and its 180 day average is 125 pips per day. USDX is currently threatening up at the time of this post but has already made the turn to the downside. #GBPUSD

Posted to Introduction to Forex Targe… on Aug 24, 2022 — 8:08 AM

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