Forex analytics and overview
GBP/JPY on the Move: What Does the Fifth Wave Mean for Its Future?
2024.11.04 11:44
Forex Strategies Bullish: We are currently @ 197.10 after a 4th wave bounce. We are looking for a continuation to the ATR target @ 198.44-50 and then further movement to the 1.000 Fibo @ 199.59. Convergence is in play. Watch the SGI Enhanced Core ETF (NASDAQ:) for direction. The average daily true range (ATR) for the pair currently is 180 pips and it’s 90 day average is 231 pips.