So now i m very bearish with the pound. Situation in UK is very difficult and they will have their time for sure. I won t forget to sell the pound.
But... Currently we have broken the bearish channel and they spent a lot of energy and money on 24th and 25th of april. So, i assume that the sterling is oversold for traders for the moment. Next target is the last resistance TL at 2.01, after the sterling will be very bullish and i can t imagine that because of the mess they will face.
Well, my english is poor so sorry if im not clear...
In a word, we are in a counter trend correction, we just have to look at EU, gold, EG, UJ, GJ. My point is that we still didn t reach traders target before going again with the trend ( which is my best friend