2nd target thereabout 1.30725 reached..... but that doesn't mean that's all, cos the reversal from whence it came although on the 1 min chart is a terminal pattern... now might have to be clued in how the higher timeframe fellas want to do....., we are at the bearflag support near it...
First bon weekend , i would to alert you for the next week news as following :
3.Aug.2017
BOE Inflation Report : UK control the Inflation under the Risk level overall the economy show some good resistance till now for the Brexit .
Official Bank Rate : i think the UK will keep the Bank rate at the same level which is support the the first point .
if that happend we will see the GBP over 1.3650 end of the next week , i didn't see to this moment any bad report from the official economy enterprise .
still the bullish wave live and we will see the next week new levels .
Note : i will post the Technical Analysis later after the market opining .
Happy Trade .
This what I saw news The Pound is steady this afternoon on the back of comments from Finance Minister, Phillip Hammond, that the UK would have a transitional leaving agreement while leaving the European Union. This fuelled speculation that the UK is heading for a soft Brexit, not the hard Brexit that was initially expected.
yeah may head up next week along with Boe interest rates
Cable Update (GBPUSD)
