GBPUSD correction done let’s go

Pro Act

GBPUSD correction done let’s go

By Pro Act Traders — Author

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

Check out what my VIP members get

Recent free content from Pro Act Traders

GBP/USD – Targets the range top — 11/21/24
NZD/JPY – Showing bearish signs — 11/20/24
GBP/USD – Falling Wedge Breakout — 11/19/24
GBP/USD – Rectangle Breakout https://www.proacttraders.com/blog/ — 11/18/24
GBP/CHF – In A Breakout — 11/13/24

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 — 3 years ago

I feel I picked the right trading company.

By rakeshnarwal — 3 years ago

See All Reviews →

Pro Act