Forex analytics and overview
GBP/USD Making the Turn Lower
2024.09.17 11:58
at 1.3204 in the range. We are looking for a continuation to the ATR target at 1.3155 area with a further target the 0.618 Fibo at 1.3144.
Watch the USDX for direction, as it could negate all of this. The average daily true range (ATR) for the pair is 78 pips per day and its 90 day average is 71 pips per day. My Forex Analysis says USDX is currently up.