GBP/JPY- Topping out

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GBP/JPY- Topping out

By Pro Act Traders — Author

Bearish: Forex Strategies: Currently we are at 201.97 in the top of a range. We are looking for this to be the top and if we continue through here we will target the ATR Target @ 200.84 There is a bottom slightly further 200.48 which is significant We should see a reaction there. Watch the USDX for direction. The average daily true range (ATR) for the pair is 146 pips per day and it’s 90 day average is 143 pips per day. Forex Analysis says USDX is currently down.

Posted to Introduction to Forex Targe… on Jun 24, 2024 — 7:06 AM

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

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