GBP/USD Continuation

Bearish

USDX is headed down at the time of this post. If we get traction (NFP tomorrow?), we are looking for a continuation to the ATR Target 1.3848 area. Watch the USDX for any change in direction. The ATR for GBP/USD currently is 77 pips per day and it’s 180 day average is 82 pips.

GBPUSD continuation

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