If price confirms overnight then we could be be back into the trading range

Expecting GBP to slip further

Prospects for GBP going forward still linked to Brexit

BOE announcement expect no change

Great protection above 110

Buying opportunity at 1.30 given other buyers

Price currently unable to hold highs and should trend lower

EUR/USD moves of the double bottom an eyes higher bank levels

EUR/USD has much larger retracement and is held by bank levels

EUR/USD has much larger retracement and is held by bank levels

EUR/USD could retrace some of the move see video for details

Polls are suggesting the gap is closing - looks still like a small majority will be the outcome

Polls put Johnson on course for a 40 seat majority

Never say never with regard to elections, nobody knows who will tactically vote for who.

GBP/JPY sometimes leads GBP/USD, sometimes its the other way round. Price is sitting high waiting for the next move to the the upside

Tactical voting sites show just how difficult it will be to predict around 40 seats - the majority quoted and required by Johnson

The pundits already looking for a 50 seat majority for the Conservatives and further upside for Sterling

GBP fell to touch 1.31 before regaining 1.38 in later trading. Price is still looking bullish and more upside will be coming as we get closer to election day

GBP/USD is sitting very high and has another 20 pips to go before reaching the recent highs

GBP/USD is sitting very high and has another 20 pips to go before reaching the recent highs

GBP/USD is sitting very high and has another 20 pips to go before reaching the recent highs

GBP/USD hasn't looked back and notice the gap when reaching for support, it never makes it before it launches to the upside again

GBP/USD has much the same style of pattern, but this is more about slowing rather than retracement.

GBP/USD duly popped to the upside and ran up over 120 pips at one point before closing off the highs with the potential for yet higher prices.

GBP/USD now sitting at the recent highs just about on 1.30 testing traders intentions, to take price either way.

GBP/JPY can help us again as it is running ahead and looks likely to find support round 140.62

Take a look at GBP/JPY which appears to have already jumped out of its old 'box' and entered a new higher box.

1.30 seems a long way of still, but this time the approach of price does seem more promising. We will see.

Next stops targets of 109.94, 110.90 and ultimately 112.41 are all possible. Please se this video for how I propose to play the initial move up and add a multi position if necessary.