Dislikedperhaps, it's not the UK is the problem.. perhaps it's the US.. as i discussed on the weekend, most of the chart indicate USD weakness.. perhaps this is the start of the move..Ignored
There is no way that I would buy this pair unless Ben came out tomorrow and said we are going to print another Trillion. And even then I would be wary.
Either way charts are VERY USD bullish, look at SEK, EUR, CHF all about to break out for another 500 pips.