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.