GBPUSD Sep 30 to Oct 04 Outlook

Recap
As expected, cable price trapped between Y-1 to Y+1. Attempt to break lower failed then higher high and higher low swinged cable back up to almost Y+1. Closed the week near week high and above Y-0.

Outlook
Potential important swing top in the making. A test of Y+1 or FBO against it will give us a strong breakdown setup with closest target below B-2.

As every country is printing its way out, UK will take advantage of this strength in cable to print more, implying next round of selloff is just around the corner.