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Scott Barkley

GBPUSD channel opportunity

Bullish: We are currently @ 1.3340 in a channel. We are looking for the continuation to the ATR Target @ 1.3427 area with a further target @ 1.3489.  Might have trouble since it is clearly in the top of the channel but would be sweet if it goes. Watch the USDX for direction. The ATR for the pair currently is 93 pips per day. 

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