GBP is going to fall over the next week
The pound is in a tough spot right now with Brexit however, the technical signs are showing a bat pattern and a truncated 5th wave of the Elliot pattern. Confirmation for sell is after it retests the .886 of the retracement XA leg and breaks below the .382 extension of the AB leg with stop loss set at the A level of the Bat pattern. 1:3 Risk reward 200+ pip gain over the next one to two weeks.
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