GBP/AUD–Continues the channel

Pro Act

GBP/AUD–Continues the channel

By Pro Act Traders — Author

Note: Unemployment claims was positive

Bearish: Currently we are at 1.9221 in a channel. IF we can break the support here, we are looking to continue to the ATR target @ 1.9150 with a further target the support @ 1.9112. Watch the USDX for direction. The average daily true range (ATR) for the pair is 96 pips per day and it’s 90 day average is 120 pips per day. USDX is now headed down.

Posted to Introduction to Forex Targe… on Apr 11, 2024 — 8:04 AM

Check out what my VIP members get

Recent free content from Pro Act Traders

GBP/USD-Continues its climb — 4/29/24
EUR/AUD-Breakout in the range — 4/25/24
GBP/USD-continuing the channel — 4/24/24
CHF/JPY-continuing a 3rd wave — 4/23/24
AUD/USD-starting the up move — 4/22/24

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 — 2 years ago

I feel I picked the right trading company.

By rakeshnarwal — 3 years ago

See All Reviews →

Pro Act