GBP/USD Channel

is currently at 1.2950 in a channel in a range. We have convergence on the 60 min and we are looking for a continuation to the ATR target at 1.3080 area. Watch the USDX for direction. If it continues down look for the R6 area this week a t1.3310. The ATR for the pair currently is 129 pips per day. 

GBPUSD channel
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