Scott Barkley
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Scott Barkley in Proact Traders,

$GBPCHF – rising wedge break?

Currently we are 1.4093 after breaking out of the rising wedge but still in a large range.  We are looking to continue to the 0.618 /Fibo @ 1.4017 and stall or bounce there.  The average daily true range (ATR) for the pair currently is 120 pips.