A clear break below the 0.96893 level would give me a bit more confidence in this count. A bit of a messy chart with a lot of ambiguity and not at all as clear cut a zigzag as the one in USDCAD since 2016 for example. As ever with Sterling, the outcome is highly unpredictable but that is what make Sterling such a fascinating currency to me and I will be watching tentatively to see how this one goes....
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.