GBPUSD Sep 17 to Sep 21 Outlook

Outlook
The timing of the new infinite QE program by Fed tells us that waiting 2 more months until after election is going to be a disaster. That’s why it is introduced now. So it tells us that Euro zone, Japan, Britain, etc. are in way deeper sh#t than we know and without Fed doing something NOW to give more room for these other countries to ease further a major crisis coming these 2 months cannot be contained.

What kind of crisis are we talking about here? I don’t know. I just know that Fed never engaged in major policy change right before any election. If there is a major financial storm coming, it must be a huge one.

Expect a huge roller coaster ride in cable if it drops suddenly below B-0 this week. An all out selloff can bring it back down to 1.55 and below.