Bullish Flag forming after some consolidation
Bullish on the GBP for a bit longer. Fundamentals are good for it to get near to pre-brexit levels. An Italexit would only help push the GBP further. Meanwhile everyone is pretty bearish on Yen.
So I'd expect this to keep doing what its doing, consolidate for a bit to retouch the 40 WMA, then break out of the flag upwards.
So I'd expect this to keep doing what its doing, consolidate for a bit to retouch the 40 WMA, then break out of the flag upwards.
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