DislikedPersonally i think the 1.60 mark will hit 100%. There seems to be such a bullish attitude that its inevitable. However, that will be the turning point at which it will probably plummet.
I am going to watch this thing until later next week before i get too trigger finger happy and start trading.Ignored
I have also noticed that in normal trading, except for Mon to Wed this week, that the GBP will increase by 50 pips a day if it is an uptrend. So, yesterday, it closed at 1.5891 and went down to 1.5757 which I caught and am glad I got out at 1.5777. So today's top should be 50 pips higher than yesterday, which will be 1.5940.
Just my observation.