In addition to the posts shown below, most Daily Update posts include charts and forecasts for the U.S. Dollar Index and Euro futures.

British Pound Futures and ETF Update

Primary view is that GBP futures are in the first stages of a move that should test or exceed the 2017 low. A monthly chart for perspective is below.

British Pound Update via ETF (FXB)

The British Pound ETF (FXB) is assumed to be forming a wave [iv] like most of the major USD crosses. The move up from the early 2017 low has stalled against a possible wave [iv] target but has not quite pushed low enough to break the uptrend.

British Pound futures & ETF 2017-07-22

GPB has fallen from what I am calling a 'B' wave high in 2014 to a low early this year and been bouncing in a overlapping move to the present. Since the assumption that this drop is a 'C' wave, it...

Currencies