Tuesday, December 6, 2022

GBP/USD Channel Breakout | Investing.com

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Bearish: We are currently at 1.2941 just out of a channel in a range.  IF we can break support here, we are looking for a continuation to the ATR target at 1.2859 area. The further target is the 0.786 Fibo at 1.2783.  Watch the USDX for direction. The ATR for the pair currently is 124 pips per day.

 

GBPUSD channel breakout
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