GBPUSD is trading in a tight range. I expect range trading to continue until Wed's heavy news day where I think the pair could run above the recent highs for a stop run before turning lower.
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Just like the USDCAD, Cable is being held in consolidation. Looks bearish.
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Short target 1 low at 1.3360 reached. Will price reach for 1.3161 level?
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GBPUSD continues to look heavy with downside objective aimed for 1.3161 level.
交易结束：到达目标:
Target 3 reached on May 7. Trade is complete.