The sterling found a strong resistance at 146.66, after climbing from 145.26. The RSI is overbought, which could lead to a correction, with 146 as a possible support. Yesterday, the pair spent all afternoon trying to hold the price. If it performs another large movement, 147/147.41 will be the next stop, depending on the strength. The short trend is close to 147.5. The bearish trend is marked from the 23rd of October.
Join the Discussion