Bullish: We are currently @ 1.2582 after breaking slope resistance in a range. We are looking for a continuation to the ATR target @ 1.2628 with the further target the 0.382 Fibo @ 1.2639-55 area. Watch the USDX for direction. The average daily true range (ATR) for the pair is 86 pips per day and it’s 90 day average is 90 pips per day. USDX is threatening Down.
GBP/USD Could Move Towards a Top
