GBPUSD Roadmap Sep 2017

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Grind up
Nota
Both EUR and AUD have broken out above 200 wma. GBP is well below, so more room to catch up
Nota
Good bounce so far BOE Thursday
Nota
Solid
Nota
Appears like C&H forming
Nota
The next level of 1.35/1.36 was reached. The 38% FIB retrace of the whole 2014/2017 decline is around 1.39
Nota
The ultimate target here is 200wma which is around 1.45/1.46, but early to think now about it.
Trend Analysis

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