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Hello after the long weekend. As I wrote last week, I start trading today, but as it happens after a long break, I am still a bit lazy.
The British Pound is visibly rebounding back to an uptrend in which the price has been holding for a long time. Personally, I expect further increases with a reach to the last peak that will be defended by investors. At the moment I am waiting for a full fibo correction of the entire downward move and I will decide on a possible position. In the picture, I showed two breaks from the channel that I have designated.
