We are staring this crash in the face and it’s only a matter of time before the crash hits, the Fed has no intention on saving the economy, its a central bank, not a charity worker, have we all forgotten when the central banks fund both sides of war but will limit credit to the side they want to lose?
Gold will now start to show its real value in the coming days given the large range we have been in, we could see a very large breakout going into today and tomorrow and this could occur for the foreign currencies but our focus will be on GBPUSD as there are heavy economic events that will shake things UP in this pair.
Our target is 1.1440
Our target is 1.2820
Our target is 1.3368
Our target is 1755.0