GBP/USD Opportunity

 | Oct 22, 2020 08:30AM ET

h2 Bearish

GBP/USD is currently at 1.3094 in a corrective move in a range.  IF we can break support here, we are looking for a continuation to the ATR target at 1.3024 area. This is the key area for a bounce. Watch the USDX for direction. The ATR for the pair currently is 126 pips per day.