GBPUSD Roadmap Update May 2017

17 May 2017

Important week/month ahead

17 May 2017

Not

Resistance turning into support. Good, good

18 May 2017

Not

1.30 reclaimed today. Painful unwind for shorts

19 May 2017

Not

First weekly close above 55 wma since summer 2014. Significant and need to hold next week.

24 May 2017

Not

I am thinking 1.324 should be achiavable

1 Haz 2017

Not

Starting key month with key date June 8 elections

12 Haz 2017

Not

UK elections turn out to be adverse, therefore this needs to be adjusted to 1.35 into late 2017/early 2018