Reading the Chart
GBP/USD 3rd wave Continuation
GBP/USD 3rd wave Continuation
Forex Strategy is Bullish: We are currently @ 1.3241 in a 3rd wave. We are looking to continue to the ATR target @ 1.3474 and continue to the R4 @ 1.3506 area. USDX is currently down. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 73 pips per day and it’s 90-day average is 67 pips per day.
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