GBPUSD Continuation still in play

Dec 20, 2022

Bearish: We are currently @ 1.2135 in a channel and large flag pattern (bearish). IF we can break support here, we are looking to continue to the ATR target @ 1.1998. Lots of confluence on this pair. Watch the USDX for direction. The average daily true range (ATR) for the pair is 156 pips. USDX is currently threatening up.