GBP/JPY Channel Continuation

 | Sep 09, 2021 08:45AM ET

h2 Bullish

USDX is headed down at the time of this post. We are looking for a continuation of the channel to the ATR Target at 152.70 area. We have a channel and a MACD break already. Watch the USDX for any change in direction. The ATR for GBP/JPY currently is 78 pips per day and it’s 180 day average is 86 pips.