Forex analytics and overview

GBP/JPY Tries to Push Through

05/22/2023

Less than a minute

2023.05.22 09:32

Scott Barkley

is currently at 172.39 and back in the channel. If we can break resistance here, we are looking for a continuation to the ATR target of 173.23.

Watch the USDX for directions. The average daily true range (ATR) for the pair is 150 pips per day, and the 180-day average is 168 pips per day. USDX is currently moving down.

GBPJPY – trying to push through

05/22/2023

Less than a minute

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