Forex analytics and overview

GBP/USD Set to Start New Trading Channel

2023.12.18 11:14

Scott Barkley

Bearish:  We are currently @ `1.2657 in a new channel,  in a range. We are looking for a continuation to the ATR target @ 1.2604 with the further target  the 1.000 Fibo @ 1.2582 area. Watch the USDX for direction. The average daily true range (ATR) for the pair is 97 pips per day and it’s 90 day average is 92 pips per day. USDX is threatening more to the upside.

GBPUSD – new channel starting GBPUSD – new channel starting

Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 98,555.41 4.41%
ethereum
Ethereum (ETH) $ 3,486.78 2.20%
tether
Tether (USDT) $ 0.998807 0.08%
xrp
XRP (XRP) $ 2.31 2.92%
bnb
BNB (BNB) $ 697.75 1.16%
solana
Solana (SOL) $ 196.98 3.92%
dogecoin
Dogecoin (DOGE) $ 0.337354 4.69%
usd-coin
USDC (USDC) $ 0.999653 0.14%
staked-ether
Lido Staked Ether (STETH) $ 3,481.79 2.40%
cardano
Cardano (ADA) $ 0.935736 2.08%
tron
TRON (TRX) $ 0.255685 1.39%
avalanche-2
Avalanche (AVAX) $ 41.05 5.96%
chainlink
Chainlink (LINK) $ 25.16 3.71%
the-open-network
Toncoin (TON) $ 5.87 5.00%
wrapped-steth
Wrapped stETH (WSTETH) $ 4,140.99 2.49%
shiba-inu
Shiba Inu (SHIB) $ 0.000024 6.37%
sui
Sui (SUI) $ 4.60 2.29%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 98,071.28 4.08%
hedera-hashgraph
Hedera (HBAR) $ 0.324078 10.32%
stellar
Stellar (XLM) $ 0.397771 8.18%
polkadot
Polkadot (DOT) $ 7.53 3.23%
hyperliquid
Hyperliquid (HYPE) $ 30.06 6.87%
weth
WETH (WETH) $ 3,486.02 2.20%
bitcoin-cash
Bitcoin Cash (BCH) $ 467.48 2.53%
leo-token
LEO Token (LEO) $ 9.50 1.58%
uniswap
Uniswap (UNI) $ 14.46 2.11%
litecoin
Litecoin (LTC) $ 108.07 1.98%
pepe
Pepe (PEPE) $ 0.000019 4.85%
bitget-token
Bitget Token (BGB) $ 5.04 19.34%
near
NEAR Protocol (NEAR) $ 5.55 3.16%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,679.73 2.37%
ethena-usde
Ethena USDe (USDE) $ 0.998708 0.05%
aave
Aave (AAVE) $ 371.61 3.30%
aptos
Aptos (APT) $ 9.77 2.43%
internet-computer
Internet Computer (ICP) $ 11.33 6.25%
usds
USDS (USDS) $ 0.999246 0.21%
crypto-com-chain
Cronos (CRO) $ 0.163649 2.08%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.525369 5.08%
vechain
VeChain (VET) $ 0.052623 9.51%
ethereum-classic
Ethereum Classic (ETC) $ 27.82 1.69%
mantle
Mantle (MNT) $ 1.23 3.19%
render-token
Render (RENDER) $ 7.79 2.31%
bittensor
Bittensor (TAO) $ 502.46 4.52%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.39 2.27%
mantra-dao
MANTRA (OM) $ 3.80 0.89%
whitebit
WhiteBIT Coin (WBT) $ 24.92 2.35%
monero
Monero (XMR) $ 191.28 0.83%
arbitrum
Arbitrum (ARB) $ 0.815313 2.51%
dai
Dai (DAI) $ 1.00 0.10%
filecoin
Filecoin (FIL) $ 5.44 5.95%