Great Britain has sold in quite fast pace for last 1 and half months. We can expect a pullback now before it crosses past 1.45 and I expect we would witness a pull back in coming week with two important data, which might print good values for UK.

09:30 GBP Construction PMI (Dec)
09:30 GBP Services PMI (Dec)

Lets see how GBP responds in coming week. Or in worst case, it might continue its sell off!


Anyways don't counter trend unless you get a strong reversal signal. Happy trading!
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