GBPUSD reversal

Bearish: We are currently @ 1.4068 after topping out at 1.4099. The USDX has flipped and we have divergence in play for the down move. We are looking for a move to the ATR Target @ 1.3974 area. A continuation would target the square up @ 1.3880. Watch the USDX for any change in direction. The ATR for the pair currently is 86 pips per day.


Posted to Introduction to Forex Targe… on Feb 23, 2021 — 8:02 AM
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