GBPUSD trying to establish the down trend -

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GBPUSD trying to establish the down trend -

By Pro Act Traders — Author

Bearish: USDX is currently bullish at the time of this post. We are currently @ 1.3400 in the top of a channel. We are looking for an initial move to the ATR target @ 1.3328 area. The further target is the S5 @ 1.3266. Watch the USDX for any change in direction. The ATR for the pair currently is 95 pips per day and its 180 day average is 93 pips per day.

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Posted to Introduction to Forex Targe… on Mar 01, 2022 — 8:03 AM

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

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