The risk of no-deal Brexit is higher than several weeks ago. Additionally, Bank of England is likely to maintain the interest rate and lower the economy forecast. Carney's tone is dovish as higher uncertainty of Brexit.
The target is 1.2870.
Turning point: 1.3015.
Under 1.3015, bearish , target price is set at 1.2920, then 1.2870.
Above 1.3015, bullish , target price is 1.3070,then 1.3140.
Prior Strategy:
The target is 1.2870.
Turning point: 1.3015.
Under 1.3015, bearish , target price is set at 1.2920, then 1.2870.
Above 1.3015, bullish , target price is 1.3070,then 1.3140.
Prior Strategy:
Comment:
Target Reached.