Sive Morten
Special Consultant to the FPA
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Good morning,
Upside action on GBP should over somewhere not higher than 1.36-1.40 area, but price could form different patterns that will trigger cable down. First one we already have on daily chart. Although odds suggest further upside continuation still, but who knows....
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.
Upside action on GBP should over somewhere not higher than 1.36-1.40 area, but price could form different patterns that will trigger cable down. First one we already have on daily chart. Although odds suggest further upside continuation still, but who knows....
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.
