The sterling is still advancing and today managed to break the significant support at 0.89, getting closer to the support at 0.8853, before the fibo 61,8% (marked from 0.8454 to 0.9415). If the price goes up, the sterling will have to break the short trend marked since November 12th and go back to levels near 0.9. The first resistance will be 0.89 pounds per euro.

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