behr100

reversion to mean continues, long way to 1.50

Long
FX:GBPUSD   British Pound / U.S. Dollar
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1
Looking for a close above 1.27 soon to confirm reversion to mean around 1.35 initially, little resistance up until 1.30, no major resistance until 1.35

Story is good with a world of shorts who will all need to cover as UK is the strongest independent Major country in Europe in actual fact both from an economic and military standpoint. The big fiction being the the UK would crumble upon a Brexit vote. Of course it won't, just like it hasn't for 500 years. In all likelyhood the European project is the thing at risk here. The pendulum swings.
Comment: will revise this chart upon a channel break out.

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