Panic amid rumours that the Bank of England may have to intervene, analysts think that could even happen this week as we approach close to parity level.
From an intraday technical view point, we could continue trading lower today below the Sunday open level going against the fact that price has currently filled in it's fair value gap and has traded back into a 15m order block within the Sunday opening price.
Be careful how you approach the markets today, they are bleeding.
Aman | SMC Wolf FX