GBP/USD is currently bullish at the time of this post. We are currently at 1.3400 and on the top of a channel.
We are looking for an initial move to the ATR target at the 1.3328 area. The next target is the S5 at 1.3266.
Watch the DXY for any change in direction. The ATR for the pair currently is 95 pips per day, and its 180-day average is 93 pips per day.
