Scott Barkley
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Scott Barkley in Proact Traders,

$GBPJPY- wave 5?

Currently we are at 186.44.  We are looking to continue to the 0.270 Fibo support area @ 187.20 with an overall target to the R5 resistance @ 187.80. The average daily true range (ATR) for the pair currently is 118 pips.