GBPUSD channel trade

Pro Act

GBPUSD channel trade

By Pro Act Traders — Author

Bearish: USDX is headed sideways waiting for FOMC at the time of this post. Watch for this continuation AFTER FOMC. Currently we are at 1.3634. We are looking for a 5th wave continuation to the ATR (Average True Range) Target @ 1.3587 area. The S5 target @ 1.3537 would finish the 5th wave so target that after the ATR target. Watch the USDX for any change in direction. The ATR for the pair currently is 77 pips per day and it’s 180 day average is 84 pips.

Free Forex eBook download: http://proacttraders.com/ebook

Posted to Introduction to Forex Targe… on Sep 22, 2021 — 8:09 AM

Check out what my VIP members get

Recent free content from Pro Act Traders

GBP/USD – Targets the range top — 11/21/24
NZD/JPY – Showing bearish signs — 11/20/24
GBP/USD – Falling Wedge Breakout — 11/19/24
GBP/USD – Rectangle Breakout https://www.proacttraders.com/blog/ — 11/18/24
GBP/CHF – In A Breakout — 11/13/24

You can also use Ctrl+Enter to post

Comments ({[comments.length]})

Sort By:

Loading Comments

No comments. Break the ice and be the first!

Error loading comments Click here to retry

No comments found matching this filter

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

{[comment.date_posted|date_format]} ● {[comment.date_posted|date_ago]} ● Edited ● Edit Comment ● Delete Comment

Want to add a comment? Take me to the new comment box!

By jennifer santiago — 3 years ago

I feel I picked the right trading company.

By rakeshnarwal — 3 years ago

See All Reviews →

Pro Act