AgentHK

Monthly GBPUSD

AgentHK Updated   
FX_IDC:GBPUSD   British Pound / U.S. Dollar
we watch from here.

We have harmonic deep crab, descending wedge and SFPattern
Comment:
Just to clarify, this is not a long signal. The current England CB is taking decisions against recession which is insight:

BOE To Carry Out Temporary Buys Of Long-Dated UK Bonds From September 28
Purpose Will Be To Restore Orderly Market Conditions
Buy Will Be Carried Out On Whatever Scale Is Necessary
Auctions Will Take Place From Today Until 14 October

with the QE instead of QT we may see the market flactuate around 1.02 and 1.00 before the rise of the fx rate
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