Forex analytics and overview

GBP/USD: Breakout Opportunity

04/18/2022

Less than a minute

2022.04.18 16:26

Bullish

GBP/USD at 1.3042 is showing first signs of an upward breakout.

IF the pair can break the 1.3080 resistance, a move to the ATR target at the 1.3145-3150 area is the direction.

Watch the USDX for any change in direction. The ATR for the pair currently is 81 pips per day and its 180 day average is 85 pips per day.

At time of writing, the U.S. dollar index was moving down.
GBP/USD: Breakout Opportunity GBP/USD Breakout Opportunity

04/18/2022

Less than a minute

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