GBPUSD Forecast: BoE, FED, Brexit Extension
FED and BoE interest rate decisions and monetary policy statements will be on focus.
Brexit part of the game is also open to lots of surprises. A Brexit extension, its length, and other Brexit events usually overshadow important UK events.
A second referendum option and/or long extension is set to send the pound considerably higher. In this case, we will see a sharp GBP rally against all.
Long run: We keep sticking on our scenario we published past weekend: - You can read the attached report -
"Delayed Brexit: ( Probability 99.8 % ) Our trade plan is to buy and add Long at the closing above 1.32200 targeting 1.34500 and 1.37000 with a stop loss below 1.30100. Second Referendum Scenario: Targets 1.4000-1.45000."
Near Term Technicals:
Bullish Flag Breakout on Friday.
Levels as described on the chart.
Brexit part of the game is also open to lots of surprises. A Brexit extension, its length, and other Brexit events usually overshadow important UK events.
A second referendum option and/or long extension is set to send the pound considerably higher. In this case, we will see a sharp GBP rally against all.
Long run: We keep sticking on our scenario we published past weekend: - You can read the attached report -
"Delayed Brexit: ( Probability 99.8 % ) Our trade plan is to buy and add Long at the closing above 1.32200 targeting 1.34500 and 1.37000 with a stop loss below 1.30100. Second Referendum Scenario: Targets 1.4000-1.45000."
Near Term Technicals:
Bullish Flag Breakout on Friday.
Levels as described on the chart.
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