GBP/USD Poised For A Drop

GBP/USD Poised For A Drop

GBP/USD is currently bullish at the time of this post. We are currently at 1.3508 and in a channel.

We are looking for an initial move to the ATR target at 1.3445 area with a further target the 1.3400. Watch the DXY for any change in direction.

The ATR for the pair currently is 85 pips per day and its 180-day average is 86 pips per day.



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