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FTUKcom

Pound extends through 1.4065 vs the Dollar...

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
FTUKcom Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Fundamental Analysis GBPUSD pound
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trendanalysis chartpattern fundamental gbpusd pound
The next best majors, as the Pound extends through 1.4065 vs the Dollar and claws back loss against the Euro from the midday fix to trade over 0.8650 assessing UK PM Johnson’s parliamentary address on the staggered easing of COVID-19 restrictions before he delivers details of his plan to the nation from 19.00GMT. Be careful for any whipsaws back down into 1.3900.

It may be too soon to mention month end rebalancing, but one high profile US bank is flagging a sell signal for Friday, and strongest vs Sterling followed by the Euro to underpin Cable and Eur/Usd above 1.4000 and 1.2100 respectively.
Comment:
If we see any potential entries on this pair as the week progresses, I will update all...
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