GBP/USD Breakout

 | Jun 24, 2021 08:36AM ET

h2 Bearish

USDX has not committed at the time of this post. We are looking for a short move up by GBP/USD to resistance and then a continuation to the downside to the ATR Target at the 1.3857 area. Watch the USDX for any change in direction. The ATR for the pair currently is 185 pips per day.