Recently with US and N Korea tensions we have seen a run to safe havens. Although we've had a pull back the uncertainty remains. I will be looking for 1 entry around the 50 & 61.8 fib if we have a rejection of this level then next entry would be on the break of the CTL (counter trend line)
multiple points of confluence acting as support, obviously poor data not helping sterling. I will be watching to see if all barriers act as support or it breaks. If i see a rejection i will be looking to trade up to previous highs with extended targets of 1.272.
