GBPUSD-BUY++

Sterling has taken a large beating, and this creates BUY strategy opportunity.

We are very oversold on short-term and medium-term as well (at a lesser extend).

The fall has been dramatic and one should see corrective action coming back into the market.

I suggest BUY @ 1.2560-1.2590 and take profit @ 1.2878 for now. BUY again below 1.2427 in case we move further south.