$GBPUSD- Triangle breakout
|Currently we are 1.2216 in a range and trying to break out of a Triangle. IF we can break the support @ 1.2206 we are looking for an initial move to the 0.786 Fibo @ 1.2175 and an overall target @ 1.2147. The average daily true range (ATR) for the pair currently is 98 pips.
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