GBPUSD Roadmap Update Sep 2017
Zaktualizowano
More upside
Uwaga
Most likely this implies around 1.22 vs EURUwaga
Consolidation. May speech very important especially if noises are true that she will say something about paying for access to EU marketUwaga
So far successfully consolidating above 1.345 which are the post BREX Ref spike highs previous summer. Another key level, good to holdUwaga
Sharper pullback to 1.335 possibleUwaga
Retail sails very solid and way aboveUwaga
Cup and Handle potential formation argues for the upper range limit. Let's see first May on FridayUwaga
If oil rises as is my base case, this also supports GBPUwaga
This intrayear V reversal higher in GBPUSD argues for a 1-2 year retrace higher. Let's see how it goes firstUwaga
Today is MayDay, so let's see and listenUwaga
Best will be to have some consolidation/small pullback to build the base for the next uplegUwaga
Pullback in playUwaga
Solid bounce off supportUwaga
Pullback is good so far, needs to establish a base in low 1.30s to attack 1.40Uwaga
Pound defending as expected the low 1.30s which were the post Brexit ref lows. Let's hope this is the new base establishedUwaga
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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