Very nice indications of a short
-Yearly High Resistance has been hit
-First shoulder and head for a forming head and shoulders
-End of an uptrend
-Rally between support and resistance
-Weakness in pound from news
Lots of signals hinting at an upward motion! However lots of big news coming up so it will depend on that! The current value is being squeezed between its current trend line and its resistance underneath and will need to break one in the next few days! More signals shows it will raise rather than fall!!!