GBPUSD Roadmap Update Sep 2017
アップデート済
More upside
ノート
Most likely this implies around 1.22 vs EURノート
Consolidation. May speech very important especially if noises are true that she will say something about paying for access to EU marketノート
So far successfully consolidating above 1.345 which are the post BREX Ref spike highs previous summer. Another key level, good to holdノート
Sharper pullback to 1.335 possibleノート
Retail sails very solid and way aboveノート
Cup and Handle potential formation argues for the upper range limit. Let's see first May on Fridayノート
If oil rises as is my base case, this also supports GBPノート
This intrayear V reversal higher in GBPUSD argues for a 1-2 year retrace higher. Let's see how it goes firstノート
Today is MayDay, so let's see and listenノート
Best will be to have some consolidation/small pullback to build the base for the next uplegノート
Pullback in playノート
Solid bounce off supportノート
Pullback is good so far, needs to establish a base in low 1.30s to attack 1.40ノート
Pound defending as expected the low 1.30s which were the post Brexit ref lows. Let's hope this is the new base establishedノート
It does look more and more like base building for the next upleg. Attack or even bear trap at around 1.30 still cannot be excluded but so far quite constructive
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