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GBP/USD Poised To Take Out The Range Bottom

09/15/2022

Less than a minute

2022.09.15 14:29

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Scott Barkley

is currently at 1.1493 and in a range. If we can break the support here, we are looking for a move to the ATR Target/range bottom at the 1.1410 area.

We have convergence in play. Watch the for any change in direction. The ATR for the pair currently is 127 pips per day, and its 180-day average is 128 pips per day. USDX is currently up.

GBP/USD price chart.