GBPUSD

We've got a backed in US Fed Rate chop coming up, but this might still cause a surprise or two (in the detail or the size of the chop 0.25 vs 0.50).

Moreover, we've still dialogue going UK vs EU etc....

Lastly, strong battle at the 1.25 area - which is the 38.2% Fib Retrace from 1.338 (the top in March of this year).

Watching this closely.

Thank you Madmaxx, it's an interesting take.

Hi, i've got this guy talking some Elliot waves sense about gbpusd, maybe it will help you somehow



Regards
madmaxx

As per usual TrendFriend you beat me to it!

Here's my weekly revised view....

(still based on the H&S) but, added a price target - not sure if it will get there (any more performances like that from the PM, and it's achievable).

www.tradingview.com/x/lgdmlf86/

As ever, thanks for your input on this TF, I'm stuck to the screen like glue!

gbpusd - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...znCk2IEfocw%2FGP4%3D

well this is still not bullish yet imvho....not while below that 200 day ema line...

maybe its going to come down and complete a inv h and s bottom??

Or another lower low?....no higher than the 200 day for now....

lets see...
atb, wdik, dyor
trendfriend

This looks like a serious break out....

Still an INSANELY RISKY trade considering the Political Landscape.

www.tradingview.com/x/sYcSKym5/

I thought the mega-phone might apply (not pictured), but it smashed out of that too.