GBP/USD….157.50 is where the rubber meets the road. This is a 50% retrace from 1985 as well as a retest of the ORH Pound upside breakout from early last year.
EURO…I’ve been targeting 124 then 122 for a long time.
The major Fibs all come in just over 121.
This will be a zone to hurt new shorts the first time down.
Sell any 80 to 100 point rally.
Euro needs back over 127.40 to negate the current qtrly pattern
