GBP/JPY –Pushing down now

Note: ISM Service PMI is this AM!

Bearish: We are currently @ 184.85 after a corrective move. IF we can break support here , we are looking for a continuation to the ATR Target @ 184.17 with the further target @184.00. Watch the USDX for direction. The average daily true range (ATR) for the pair is 141 pips per day and it’s 90 day average is 152 pips per day. USDX is currently moving down.

Posted to Introduction to Forex Targe… on Sep 06, 2023 — 8:09 AM
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