Price failed to break previous swing low suggesting we will see some upside. I think we will see price retrace back to 1.64 creating a right shoulders and new lower high signally a trend change I didn't get to post this position when I entered but there is still two entry opportunities on the chart. See next post for lower time frame entry.
we saw the £ gain on wednesday due to hopes of a no deal brexit fading. However with brexit still no closer to being resolved the £ gains started to reverse on friday . I like this as a good short set up. Watch out for fundamentals