Scott Barkley
All posts from Scott Barkley
Scott Barkley in Proact Traders,

$EURGBP- triangle breakout?

Currently we are @ 0.8925 in a large range.  We have just come out of a triangle and IF we can break this support we are looking for a move to the 0.500 Fibo @ 0.8870 and a break there to the square up/0.786 Fibo @ 0.8798. The average daily true range (ATR) for the pair currently is 73 pips.