Yesterday, the British pound continued to the upperside perfectly in line with what was forecasted during the previous week. As it is now, our levels for focus include 1.35500, 1.37930, 1.41170 and 1.41980. If the price breaks above the upper level, then we will be expecting further momentum to the upperside and should breakout above 1.42. On the flipside, should the price breakout below 1.3550, then further momentum to the lowerside is expected with an ultimate target set at 1.33800
Expect further momentum to the upperside towards 1.41980.