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mortdiggiddy

Targets

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
mortdiggiddy Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Wedge Beyond Technical Analysis
9
0
wedgepattern beyondta
The sands are shifting. Wedge target shown and secondary target above near 1.3750. $EURUSD $DXY $TLT $GLD
Comment:
GU did a lot of work at the 200 DMA (pink line) and Month Camarilla Pivot S3 over the last 2 weeks.

It looks to break from a symmetrical wedge with a minimum measured move target of 1.3675. See thepatternsite.com/st.html

My ultimate target is 1.3750. Earlier in April we broke from a 1+ year long tight channel... which my spell more downside in the future but not before rising to possibly retest that channel.
snapshot
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