Would make sense to respect target of 3rd touch of TL. (blue ellipse)
Closed for weekly just shy of 50% Fib. Last 2 candles were .
Ma looks to be crossing on .
Target for downside of 140.000
This is not unlikely due to the close of last week. With the general election in 2 weeks and the recent terror threats in the U.K. the sterling has not been great however saying that the yen has shown major weakness last week.