[stock_market_widget type="clock-markets" template="analog" timezone="America/New_York" title="New York" style="font-size: 7px; width: 100px;"] [stock_market_widget type="clock-markets" template="analog" timezone="Europe/London" title="London" style="font-size: 7px; width: 100px;"] [stock_market_widget type="clock-markets" template="analog" timezone="Europe/Brussels" title="Brussels" style="font-size: 7px; width: 100px;"] [stock_market_widget type="clock-markets" template="analog" timezone="Asia/Hong_Kong" title="Hong Kong" style="font-size: 7px; width: 100px;"] [stock_market_widget type="clock-markets" template="analog" timezone="Asia/Tokyo" title="Tokyo" style="font-size: 7px; width: 100px;"] [stock_market_widget type="clock-markets" template="analog" timezone="Australia/Sydney" title="Sydney" style="font-size: 7px; width: 100px;"]

GBP/USD: Bearish Channel Forms as Price Targets 1.2997 Confluence

10/08/2024

Less than a minute

2024.10.08 11:23

Forex Strategies Bearish: is currently @ 1.3103 in a channel in a range and a flag pattern (bearish). We are looking to come out of the flag and target the confluence of the Day chart bottom/ATR targets/1.618 Fibo @ 1.2997. Watch for a bounce there. The pair should prove it out when the market opens. It’s Daily ATR is 109 pips, and its 90-day average is 78 Pips a day. My Analysis says the is up.

GBPUSD – Finish the range today