#GBPUSD: Final Roadmap! Target 1.5040, critical support 1.3450

GBPUSD

Observations
1)The roadmap is clear now. This pullback can push GBP$ as low as 1.33s and still, we are in a good position to add longs.

2)Bank of England may not hike rates, but who cares! DXY could recover back to 94s and it wouldn't matter as it eventually has to drift lower towards 74s.

3)Any GBP$ weakness translates into a 'load the boat' opportunity. Proxy EURGBP sell into any price close to 93s (2017's High) targeting BofAML short bottom in 2018; 83s.

"Never risk the house for pennies."