Neon

GBPEUR Roadmap Dec 2016

FX_IDC:GBPEUR   POUND STERLING / EURO
131 0 5
Potential IHS             bottoming into 1Q17
Comment: Good run after Italy referendum, EUR weak
Comment: Right shoulder forming underway
Comment: Slowly, slowly forming this right shoulder
Comment: Initial target could be 1.25/1.28
Comment: This could morph into DB 6 months apart
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