It has been a long time since I posted last time on this pair and many things have changed in my beloved UK. It's in a dire situation now politically and the pair is a good reflection on this. Stealthy accumulation has been ongoing since the highlighted area (without going too much into details why) and I think big boys can take this above the 0.90 to unload all the accumulated positions. It's a big question now how high it can go, all will depend on Brexit negotiations. The pair's probable trajectory is presented below, current position is long.
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.