GBP/USD-Sym Triangle break

Forex Strategies Bearish: We are currently @ 1.3283 in a channel. If we can break support @ 1.3270, we should continue to the ATR target @ 1.3200 with the next target the 0.382 Fibo @ 1.3167. The pair should prove it out when the market opens. It’s Daily ATR is 102 pips, and its 90-day average is 76 Pips a day. My Analysis says the USDX is UP.

Posted to Introduction to Forex Targe… on Oct 02, 2024 — 8:10 AM
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