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GBP/USD looks up

01/12/2023

Less than a minute

2023.01.12 13:32

Scott Barkley

GBP/USD at 1.2175 at the beginning of a run following a resistance breakout. In order to move on to the ATR target at 1.2279 and the additional target at 1.2318, we are looking for a move here.

Follow the for instructions. The pair has an average daily true range (ATR) of 127 pips and a daily average of 153 pips over 180 days. The USDX is currently in danger of falling.

GBP/USD price chart.