2. 1 week post break of , we saw 3 rejections of key level 1.3274 before seeing the bears come into play and producing a 250+ pip sell off, smashing through our key level of support at 1.3128.
3. Since then we have a seen a 150+ pip pullback to retest our previous key level of support at 1.3128. On Friday at market close, we failed to close above our previous level of 1.3128 support.
4. I anticipate further downside in this pair due to the pullback being complete, coupled with the weekly close below previous support now acting as resistance and GBP weakness/uncertainty amidst Brexit talks.