GBPUSD reversing

Bearish: We are currently @ 1.3940 on a significant support. IF we can break this support, we are looking for a move to the ATR Target @ 1.3861 area. Look for a possible continuation to the 0.618/support @ 1.3825. Watch the USDX for any change in direction. The ATR for the pair currently is 113 pips per day.


Posted to Introduction to Forex Targe… on Mar 18, 2021 — 8:03 AM

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