GBPUSD Roadmap Update Sep 2017

已更新
More upside
注释
Most likely this implies around 1.22 vs EUR
注释
Consolidation. May speech very important especially if noises are true that she will say something about paying for access to EU market
注释
So far successfully consolidating above 1.345 which are the post BREX Ref spike highs previous summer. Another key level, good to hold
注释
Sharper pullback to 1.335 possible
注释
Retail sails very solid and way above
注释
Cup and Handle potential formation argues for the upper range limit. Let's see first May on Friday
注释
If oil rises as is my base case, this also supports GBP
注释
This intrayear V reversal higher in GBPUSD argues for a 1-2 year retrace higher. Let's see how it goes first
注释
Today is MayDay, so let's see and listen
注释
Best will be to have some consolidation/small pullback to build the base for the next upleg
注释
Pullback in play
注释
Solid bounce off support
注释
Pullback is good so far, needs to establish a base in low 1.30s to attack 1.40
注释
Pound defending as expected the low 1.30s which were the post Brexit ref lows. Let's hope this is the new base established
注释
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
Trend Analysis