GU

From 1.6 to 1.2 we have seen w form with the neck at 1.42-1.44. On the Daily 1.28 was our last resistance and 1.26 acts as support which was a W neckline. If 1.29-1.30 holds as support then we can go get 1.42, 1.50, 1.60 as targets. If we bounce above 1.32 and sit that would be great added confirmation of bullish. Pound needs to be back where it belong and has some room to make up on the dollar.