Pound should rise to the top of the continuation pattern before another fall. If the trentline holds under price, we should see a price drop to around 1.10. Price should stairstep its way to lower lows. RSI is also rising in preparation for the longer bullish breakout. Look for shorts for 2017.
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Sorry for the lines....price has moved as expected...but not the move down yet...it has begun I think...we'll see..