FX:GBPUSD   British Pound / U.S. Dollar
Pound currently showing weakness against the dollar. My longterm view of the pound is that it will see 1.1500 next year and aren't really looking for too many buy trades until it proves its got strength. However in the mean time it is sitting in a precarious position above 1.22500. A break of this level will see us down to new strong level of 1.2500 which has been a stiff hurdle to overcome on recent attempts. a break of that level will see us down to 2.00
How you feel about it now mate?
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@Jamal92, its looking to me at the minute to be looking like bit of a relief rally before heading lower unless key levels are taken out above
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