The sterling made a significant turn around 0.90 and is now getting closer to 0.92. This could be the beginning of a correction, after the large sterling's movement. To check that, we marked a fibo from the 0.9413 high to the 0.9 low. Right now, the pair is at the fibo 38.2%, which coincides with the 200-day MA. Also, the RSI is marking overbought, so the pair should stop around these levels and then seek new highs.

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