Although Carney's tone is dovish as expectation of market, Sterling is flexible to temperately correct. It broke out the down-trend line after Carney's speech and the triangle is formed on RSI indicators.

The target is 1.3010.
Turning point: 1.2910.
Above 1.2910, bullish , target price is 1.2970,then 1.3010.
Under 1.2910, bearish , target price is set at 1.2870, then 1.2800.

Prior Strategy:
SELL on 30 Mins


GBPUSDTechnical IndicatorsTrend Analysis

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