DAILY CHART: We like this level as we think this is the final BLOW OFF stage for the USD. We are being very cautious as this move has been potent.

GBPUSD has a great framework and we feel that it heads much higher this year, as the FED enthusiasm tempers and other CB’s (especially BOE) start moving towards a more HAWKISH stance.

WEEKLY CHART (FRAMEWORK): We leave room to add all the way down to 1.3190