$GBPUSD- bounce or Break?

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$GBPUSD- bounce or Break?

By Pro Act Traders — Author

Currently we are at 1.7005-finally completing the correction. A couple of different scenarios. 1: bullish: bounce here and a move to the upper chart trend line @ 1.7095 area) 2: Bearish : A break down here would target the S4 Support @ 1.6950. The average daily true range (ATR) for the pair currently is 57 pips.

Posted to Introduction to Forex Targe… on Jul 24, 2014 — 9:07 AM

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

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