EURGBP: continuation?

Bullish:Currently we are at 0.8577 in a possible 3rd wave of still in a range. A continuation above 0.8600 would confirm the wave and Target the R4 @ 0.9700 area. A reaction down @ 0.8600 confirms the range and would target a move back to the 0.8470 area. The average daily true range (ATR) for the pair currently is 61 Pips.WATCH THE USDX for more clues.


Posted to Introduction to Forex Targe… on Jan 13, 2020 — 8:01 AM

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