The pound has been in a downtrend with an impulse. I expect a correction before the trend continuation.
Despite gold targeting prices as high as 2,600, the buys are taking a brief stop just to grab some liquidity around 2,300. We have seen Accumulation phase, Manipulation phase, and with the weakening of the dollar due to a negative CPI, Gold has come back to fill the sell side inefficiency, hence we expect Distribution phase to begin from within the region.