GBPUSD Roadmap Update May 2017
Next 4-6 weeks seems climax
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1.27s is a critical level which holds for now
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55 wma above again. Let's see
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Elections next week is DA EVENT. Anything else than Conservatives increasing their seats in Parliament is negative pound.
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Constructive action, cannot exclude buy the rumour sell the news after tomorrow
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Election day. No matter what happens, the 1.19/1.20 lows seem secure and multiyear lows. So every next low for the foreseeable future should be a higher low above these
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GBP is holding very well in spite of election negative outcome plus UK data was negative. Very constructive at the 1.26/1.27 levels to make a higher low
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1.324 target reached.
