2.4650 definitely is a good long signal but I am willing to go long if it closes above 2.4600 to give it a shot. I wonder what kind of an effect would USA existing home sales will have in this pair. perhaps a bad data might boost the Sterling.
To blow the proverbial cobwebs off this thread, I'd like to share a chart on this pair. The bottom trend line is huge support, if it can hold, I believe it will go to 1.4470 area ( the upper trend line, or the next Major resistance).
