Pair has been bullish the past few weeks resulting in some nice previous opportunities to go long. Pair hit 157.430 yesterday and has had a pullback in de Asian session. My first entry was at the touch of the 50% Fibonacci retracement level which aligns perfectly with the order block created on the 1H chart. We might get a deeper pullback, which will allow me to get in with a second entry.
Fundamentally I am bullish on the Sterling with the certainty of an increase in interest rates this year.