Forex analytics and overview

GBP/USD Moves Up in a Channel

02/28/2023

Less than a minute

2023.02.28 09:35

Scott Barkley

Bullish: We are currently at 1.2117 in a channel in a range. If we break this resistance, we are looking for a continuation to the 1.000 Fibo at 1.2174 area and then the ATR target at 1.2186.

We have convergence in play for the move. Watch the USDX for directions. The average daily true range (ATR) for the pair is 119 pips, and its 180-day average is 134 pips per day. USDX is currently threatening down in a corrective move.

GBP/USD price chart. sd

02/28/2023

Less than a minute

Leave a Reply Cancel reply

You must be logged in to post a comment.

Bitcoin (BTC) $ 98,358.35 0.17%

Ethereum (ETH) $ 3,419.44 0.99%

Tether (USDT) $ 1.00 0.06%

Solana (SOL) $ 255.81 1.25%

BNB (BNB) $ 682.91 1.46%

XRP (XRP) $ 1.45 6.95%

Dogecoin (DOGE) $ 0.434184 5.08%

USDC (USDC) $ 0.999712 0.03%

Cardano (ADA) $ 1.07 2.96%

Lido Staked Ether (STETH) $ 3,415.93 1.05%

TRON (TRX) $ 0.216841 3.28%

Stellar (XLM) $ 0.57976 32.58%

Avalanche (AVAX) $ 42.01 1.78%

the-open-network

Toncoin (TON) $ 6.39 13.27%

Shiba Inu (SHIB) $ 0.000027 0.01%

Wrapped stETH (WSTETH) $ 4,051.00 1.37%

wrapped-bitcoin

Wrapped Bitcoin (WBTC) $ 97,899.23 0.43%

Polkadot (DOT) $ 9.06 17.81%

Chainlink (LINK) $ 17.68 3.45%

Bitcoin Cash (BCH) $ 511.38 3.65%

WETH (WETH) $ 3,418.85 0.45%

Sui (SUI) $ 3.45 4.37%

Pepe (PEPE) $ 0.000021 4.18%

NEAR Protocol (NEAR) $ 6.61 4.33%

LEO Token (LEO) $ 8.68 1.08%

Litecoin (LTC) $ 101.19 0.53%

Aptos (APT) $ 12.86 0.67%

Uniswap (UNI) $ 11.16 5.13%

Wrapped eETH (WEETH) $ 3,602.79 1.15%

hedera-hashgraph

Hedera (HBAR) $ 0.15123 1.36%

internet-computer

Internet Computer (ICP) $ 11.62 3.73%

crypto-com-chain

Cronos (CRO) $ 0.196582 2.97%

USDS (USDS) $ 1.00 0.11%

polygon-ecosystem-token

POL (ex-MATIC) (POL) $ 0.577148 5.68%

Ethereum Classic (ETC) $ 29.90 0.22%

Render (RENDER) $ 8.08 1.44%

Artificial Superintelligence Alliance (FET) $ 1.56 15.47%

Bittensor (TAO) $ 538.05 1.33%

Kaspa (KAS) $ 0.15409 4.54%

Ethena USDe (USDE) $ 1.00 0.02%

Arbitrum (ARB) $ 0.880108 4.13%

VeChain (VET) $ 0.043829 3.83%

WhiteBIT Coin (WBT) $ 24.74 0.62%

Cosmos Hub (ATOM) $ 9.09 14.45%

Bonk (BONK) $ 0.000047 6.28%

Filecoin (FIL) $ 5.82 13.71%

Dai (DAI) $ 0.999818 0.04%

MANTRA (OM) $ 3.80 0.24%

OKB (OKB) $ 55.96 9.67%

dogwifhat (WIF) $ 3.26 3.66%