GBP/JPY – breakout to the bottom

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GBP/JPY – breakout to the bottom

By Pro Act Traders — Author

Note: Last post this year for me

Bearish: We are currently @ 180.44 in a sideways move (bearish), in a range. If we can break here, we are looking for a continuation to the ATR target @ 179.00 with the further target the S6 @ 178.50 area. Watch the USDX for direction. The average daily true range (ATR) for the pair is 237 pips per day and it’s 90 day average is 148 pips per day. USDX is threatening down

Posted to Introduction to Forex Targe… on Dec 21, 2023 — 8:12 AM

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

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