Overall pound is completing a huge ABC pattern. Currently, looks like its ready to correct before another move down...could reach between 1.15--0.89
Price is near RSI 20 so it will eventually make a bullish move. Current wave is corrective, not like the 2008 bearish drop but its had some significant moves to the downside. I'm waiting for the up move.
Price is near RSI 20 so it will eventually make a bullish move. Current wave is corrective, not like the 2008 bearish drop but its had some significant moves to the downside. I'm waiting for the up move.
