Quarterly against daily

GJ

Looking at the Q2 trend, it's projected to be "bullish" from the lower price of 135 - 136 towards the high above the Q1 high or simply said Q4 2016 high.

Yesterday the daily price initially opened above 147.75 before it closed by end of day below 147.00

In terms of daily SOP, if the price closes below the OSUS HQV (though not yet on monthly basis) - it`s a sign of reversal towards the previous / present lowest low i.e Q2 of 135.583 or towards 127.50

Q1 high was at 145.383 which was broken with the highest for this month as at 148.095.

Should i act to sell instead OR should i wait for the monthly closing to decide?

If i were to follow the quarterly rules - there`s still another full one month (June) to go with the prospect of UK election which "may" push the GBP much higher to where it stands as of now - back to the price before brexit.

1) Technically, price open below the OSUS HQV (though it opened within the OSUS HQV initially). So, potentially conflicts?

2) It would be best to see whether the price are going to break below 145.25 - 144.75 or were to remain above it for next week.

3) If it does break, then we could be certain that it`ll look for 142.50 and below. If it does not, then our position remains.