Scott Barkley
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Scott Barkley in Proact Traders,

$GBPJPY- decision time?

Currently we are at 177.19 in a channel. We are looking for a continuation to the support area @ 175.22 with an overall target @ 174.91.   A breakout here would target the S7 @ 177.92.  The average daily true range (ATR) for the pair currently is 224 pips.