$GBPUSD- Trend Break? | Marketfy

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$GBPUSD- Trend Break?

By Pro Act Traders — Author

Currently we are at 1.6502 and the bears are pushing to the day chart trend just below. This is a 2 part trade opportunity. 1) We are looking for a bullish bounce back to the S4 area @ 1.6591 OR 2) the next bear target is the S5 @ 1.6446. The average daily true range (ATR) for the pair currently is 85 pips.

Posted to Introduction to Forex Targe… on Mar 20, 2014 — 9:03 AM

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

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By jennifer santiago — 3 years ago

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