GBP/USD Reversal

GBP/USD is currently at 1.3028 in a range. We have possible convergence on the 60 min.  IF we can break the 1.3000 area, we are looking for a continuation to the ATR target at 1.2913 area. Today is a USA holiday so may not happen until later.  Watch the USDX for direction. The ATR for the pair currently is 120 pips per day.

GBPUSD reversal

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