Strong Stochastic is highly overbought, D.Channel is supporting and if we put a line on the current price, we can clearly see that there is very strong resistance zones according to the history.
On the other hand the fundamental side of UK does not look good either. G. Osborn recently has announced that UK's estimated GDP is expected to do down (pay attention, it is not even stopping to grow or slowing down, it is decreasing). Also the probabilty of Brexit shoud also change a sentiment of the market.
So, I expect to go SHORT. at this moment.
On the other hand the fundamental side of UK does not look good either. G. Osborn recently has announced that UK's estimated GDP is expected to do down (pay attention, it is not even stopping to grow or slowing down, it is decreasing). Also the probabilty of Brexit shoud also change a sentiment of the market.
So, I expect to go SHORT. at this moment.