THE FED AND BOE MANAGED THE 1.2150 AS THE LOWER MEDIUM TERM BAND FOR GBPUSD TO MATCH THE MEDIUM TERM ECONOMIC AND FINANCIAL STABILITY BY ALLOWING THE PAIR TO MOVE TO UPWARD. THE ESTIMATED UPPER MEDIUM TERM BAND IS 1.4150 FOR 2000 PIPS MEDIUM TERM EXCHANGE RATE TARGET ZONE AND THE 1.3150 THE CENTRAL BAND/CENTRAL PARITY AS AGREED BY INTERNATIONAL AGREEMENT. ACCORDINGLY, THE MEDIUM TERM DIRECTIONAL MOVEMENT IS TO UPWARD OR UPWARD TRENDING OF MEDIUM TERM TREND (1.2150-1.4150).
THE PAIR HAS REACHED HER CENTRAL BAND/CENTRAL PARITY ON THE WAY TO UPPER MEDIUM TERM BAND. LONG ON THE CURRENT RATE OBLIGATES THE STOP LOSS TO BE MANAGED AT BELOW THE LOWER BAND 1.2150 AND TOO WIDER TO TARGET THE 1.4150. LONG FROM THE CENTRAL BAND/CENTRAL PARITY AFTER STABILIZED FOR +/- 2.25 % NOT ALLOWED DUE TO THE PAIR NOT UNDER MARKET STERILIZATION. SHORT NOT RECOMMENDED AT CURRENT UP-TRENDING MEDIUM TERM TREND. AT SUCH, GBPUSD IS TOO LATE TO LONG AND TO RISKY TO SHORT ON THE MEDIUM TERM PRICE STABILITY.
THE ONLY OPTION AVAILABLE AT CURRENT MARKET ENVIRONMENT IS TO TRADE GBP'S DERIVATIVES BY ASSESSING AND MEASURING THEIR TARGET ZONE DIFFERENTIALS AND THEIR PERFORMANCE.