#GBPJPY continues the new channel -

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#GBPJPY continues the new channel -

By Pro Act Traders — Author

Bearish: We are currently @ 161.48 in a channel and possibly a trend. We are looking for an initial move to the ATR target @ 160.32 area and then the support @ 159.87. Watch the USDX for any change in direction. The ATR for the pair currently is 179 pips per day and its 180 day average is 161 pips per day. USDX is currently trying to go down at the time of this post.

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#GBPJPY

Posted to Introduction to Forex Targe… on Mar 29, 2022 — 8:03 AM

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

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