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GBP/USD Opportunity

By Scott BarkleyForexOct 22, 2020 08:30AM ET

www.investing.com/analysis/gbpusd-opportunity-200542017

GBP/USD Opportunity

By Scott Barkley | Oct 22, 2020 08:30AM ET

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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.

GBPUSD opportunity

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GBP/USD Opportunity

Bearish

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