Its still bearish trend.. It will go up bit and touch 1.4 then waves down trend to 1.35. GBP are still weak and Brexit treat! likely try to push the pair to new lows. Good luck everyone this week.
Bullish reversal signs last Friday just before market closed. We have 3 side-doors to direction to these any yellow box on Monday.. other long 2nd yellow box top and bottom - week target... Bear in mind, UK Prime Minister David Cameron has announced a referendum on whether Britain should remain in the European Union to be held on Thursday, 23 June. GDP (QoQ)...
Too many options!! likely down trend this week. Target yellow box either way. USD Holiday - United States - Presidents' Day likely GBP growth but no GBP datas release tomorrow and ECB President Draghi Speaks can be push GBP down or nothing.... Let see and good luck this week. :-)
We are on the middle up trend - either way - For my option, its still short bearish that it will be target 1,435-1,439 to retest break bottom side line up trend. Otherwise can be up target 1,4607-1,4638 if reversal signal bullish. Good luck! Let me know what do you think.
Here is my 1st chart on this site to share with you all. In my option my predict for this week that its continue to rebounding up trend and target 1.4448. Good luck.