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The British Pound has reached the point where I personally expect a reaction. I do not catch the top, so I am waiting for some correction that will announce a short position. If the descent is a stronger move, I am not going to force myself, then I will be preparing for a long position near the designated line. I do not expect a trend reversal or a correction covering the last few months, but I would like to see a correction at least to the place of the trend line that I showed yesterday (along the highs). In general, as a day trader, I don’t like currency movements that have minimal corrections without a clear signal. Here, as you can see, we have 250 pips in 4 days
