The sterling is forming the right shoulder. If it formed, it'll failed to break out the resistance at 1.3060. However, the space of dropping maybe is limited coz of weak US dollar.
The target is 1.2980.
Turning point: 1.3060.
Under 1.3060, bearish , target price is 1.3010, then 1.2980.
Above 1.3060, bullish , target price is 1.3100,then 1.3130.
Even if we can't rule out the possibility of continuous adjustment, its time should be limited.
Prior Strategy:
The target is 1.2980.
Turning point: 1.3060.
Under 1.3060, bearish , target price is 1.3010, then 1.2980.
Above 1.3060, bullish , target price is 1.3100,then 1.3130.
Even if we can't rule out the possibility of continuous adjustment, its time should be limited.
Prior Strategy:
