pezq
Short

Cable respects history heading into known unknown election

FX:GBPUSD   British Pound/U.S. Dollar
248 0 9
This very simplified chart is underpinned by a complex technical analysis suggesting a sharp decline into the May election.
These levels were reached in two out of the last three elections and it looks like history is repeating itself again.
My first forecast which was published on 13 March remains unchanged. My intermediate chart of 27th March hit the forecast target of 1.4634 one day ahead of schedule. The forecast level of 1.4123 (area) by May 7th is still valid.
The historic levels are shown in pink on this chart.
My forecast on the Euro             is so shocking I can't publish it yet. Never has Rumsfeld's known unknowns, and unknown unknowns been so apposite.
As it's Grand National Day - 'Cause Of Causes' seems to stand out!
Damn, I should have twigged 'Many Clouds' ....
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