Of all other pairs such as EU, AU and NU, I guess GU is the only Bullish one at this moment. It is not advisable to short at all.
It shall go HIGHer.
TP1 1.3237 TP2 1.3290
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Updated View On GBP/USD (27 Mar 2018)
British Pound (GBP) is going for a BIGBANG. I am not talking about Korean Boyband. It is more of the BIG move.
Back Ground: Our analysis of the past few weeks didn't turn out as expected. Instead of going up, it broke the suppor tof 1.3 zone and went lower. Now GU is making a swing back as the market expect the mid week FOMC to be a dovish ones. Technically it is retesting the previous neck line. In order to firm the bullish side, we will need to see that level get broken strongly first.
Brexit delay beyond April 12 may not happen since Parliament needs to pass something and May's deal pushed to Wednesday becasue she realized she didn't have the votes in which case price action moves to the basement.