British Pound / U.S. Dollar

GBPUSD Roadmap Sep 2017

Updated

Grind up

Note

Both EUR and AUD have broken out above 200 wma. GBP is well below, so more room to catch up

Note

Good bounce so far BOE Thursday

Note

Solid

Note

Appears like C&H forming

Note

The next level of 1.35/1.36 was reached. The 38% FIB retrace of the whole 2014/2017 decline is around 1.39

Note

The ultimate target here is 200wma which is around 1.45/1.46, but early to think now about it.

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GBPUSD LT View Sep 2017

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