Scott Barkley
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Scott Barkley in Proact Traders,

$EURGBP– range trading?

Currently we are 0.7876 in a large range. We are looking to break down to the 0.786 Fibo @ 0.7790 and with a further target to the range bottom @0.7704 area. The average daily true range (ATR) for the pair currently is 57 pips but it pays 40-50% more per pip depending on broker.

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