GBPUSD Roadmap Nov 2020

31 oct. 2020

Recovery goes through multimonth corrective phase before resuming into next Spring

20 nov. 2020

Note

Need to adjust the range to 1.38/1.48

9 janv. 2021

Note

1.47 seems achievable into March. Just this last week, FED mins mentioned that they have started discussing TAPER which will intensify given my expectations for coninued acceleration in both US GDP and inflation into Spring which should put a floor on the USD from March onwards

10 févr. 2021

Note

So far has been forming an elongated base pointing to the levels i have mentioned above. Timingwise, this may happen in June/July, not in Spring

16 févr. 2021

Note

Today GBPUSD tagged the multiyear downtrend resistance from Oct 2007 and July 2014