Neon

GBPUSD Roadmap Update May 2017

Neon Updated   
FX:GBPUSD   British Pound / U.S. Dollar
6
Important week/month ahead
Comment:
Resistance turning into support. Good, good
Comment:
1.30 reclaimed today. Painful unwind for shorts
Comment:
First weekly close above 55 wma since summer 2014. Significant and need to hold next week.
Comment:
I am thinking 1.324 should be achiavable
Comment:
Starting key month with key date June 8 elections
Comment:
UK elections turn out to be adverse, therefore this needs to be adjusted to 1.35 into late 2017/early 2018
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