FX_IDC:GBPUSD   POUND STERLING / US DOLLAR
2 months ago
After a huge movement where GBP lost almost 6% of it´s value in only 2-3 minutes, I had to review and adjust my targets.

I believe the parity with the US Dollar             is just a question of time. Unfortunately, I cannot say on when would that happen but we have a key date of March 2017. By then, we can already trade below parity, specially, if the US Dollar             will finally start the long-expected appreciation leg.

For now, my immediate targets would be around 1.17 ish             with the ultimate target of 0.71 ish             to be areached on a longer term.
2 months ago
Trade active: Cable freefall continues. Looks like 1.17 is very reacheable now!
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