GBP/USD…have been in rally mode since the BOE release
GBP/USD…Monthly
EUR/GBP…Daily
GBP/JPY…Daily
Sterling is making new highs for the week.
Last night YRA posited a 136.50 target.
The cloud picks this level up as resistance.
Watch the price action after the CME pit session opens for the next move.
FTSE is not digging the prospect of higher British rates as it’s being sold as the Pound is bid.