GBPUSD short term rally is on the way
After Brexit and CITI "fat finger", GBPUSD have finished it's downside target, correction rally is on the way.
Theresa May will not trigger Article 50 before March 2017 and Supreme Court is appeal on Brexit case. Fed will have rate hike on Dec but a Jan rate hike is not expected. this all favour a GBP rally. From Fibo, this rally might reach 1.32-1.36. so all oversold in 4Hr is a good entry point for GBPUSD until Feb.
Theresa May will not trigger Article 50 before March 2017 and Supreme Court is appeal on Brexit case. Fed will have rate hike on Dec but a Jan rate hike is not expected. this all favour a GBP rally. From Fibo, this rally might reach 1.32-1.36. so all oversold in 4Hr is a good entry point for GBPUSD until Feb.
