GBP/USD Daily Video, December 13, 2016

Sive Morten

Special Consultant to the FPA
Messages
18,699
Good morning,

Cable is preparing background for upside spike to 1.29 area. This doesn't seem impossible as Fed meeting will bring volatility of rate decision and further fiscal policy announcement:



The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.
 
I got an entry yesterday @1.26 in anticipation of Good CPI data this morning. Already at Breakeven and looking for 1,2860 area before FOMC tomorrow..! :)
 
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