Finally is there a bottom?
Updated
The level is currently at the same level than one year ago, and definitely it's struggling to continue going lower. From the technical point of view there are there is a clear diversion in the RSI and there is a double bottom pattern form in the last weeks. Now I am wondering if the price could continue going much lower? or is finally a bottom and the start of an important up move? Well... looks interesting and we will find out the answer in the upcoming weeks.... or how knows, maybe even this week ;-)
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The GBP didn't even reached the down trend line and seems that the support is not strong enough to keep the price, therefore is very probable that the price will continue its down move...
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