GBP/USD: Range Trade
Scott Barkley | Jun 16, 2021 08:36AM ET
We are currently at 1.4123 in a range after a strong bounce. We are looking for a move that should target the at 1.4175 ATR Target. There is another target at 1.4200.
Note: The slope resistance and FOMC today. Watch the USDX for any change in direction. The ATR for the pair currently is 88 pips per day.
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