GBP/USD in a channel in a possible 5th wave. If we can break resistance @ 1.3430, we should continue to the 1.000 Fibo @ 1.3500 with the Day chart the Goal @ 1.3570. The pair should prove it out when the market opens. It’s Daily ATR is 98 pips and its 90 day average is 75 Pips a day. My Analysis says the USDX is Down.