Scott Barkley
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Scott Barkley in Proact Traders,

$GBPUSD- Wave 5?

Currently we are at 1.5418 after breaking the corrective 4th wave.  We are looking to continue to the Fibo support area @ 1.5317 with an initial overall target @ 1.5158. The average daily true range (ATR) for the pair currently is 88 pips.