Scott Barkley
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Scott Barkley in Proact Traders,

$GBPCHF- Channel break

Currently we are 1.2962 in a range and just breaking out of the channel.  We are looking for a continuation move initially to the 0.382 Fibo @ 1.2915 and then to the 0.500 Fibo @ 1.2826.  The average daily true range (ATR) for the pair currently is 103 pips.