Scott Barkley
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Scott Barkley in Proact Traders,

$GBPUSD- Wedge Break?

Currently we are at 1.6145. We have a break of the descending wedge and looking for a continuation to the1.618 Fibo area @ 1.3092 with an overall target @ 1.6046.  The average daily true range (ATR) for the pair currently is 114 pips.