GBP/USD – 3rd wave on the horizon

Pro Act

GBP/USD – 3rd wave on the horizon

By Pro Act Traders — Author

Bearish: We are currently @ 1.2664 in a new channel after putting in a double top. We are looking for a 3rd wave continuation to the ATR target @ 1.2620 with the further target for today the S3 @ 1.2592. area. Watch the USDX for direction. The average daily true range (ATR) for the pair is 91 pips per day and it’s 90 day average is 93 pips per day. USDX is currently moving up.

Posted to Introduction to Forex Targe… on Nov 30, 2023 — 8:11 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