I recently posted a trade idea that suggested more upside for the pound/follar. However, it's always good to stay prepared so I have also done some analysis as to why it could potentially go the other way. On a side note, if you're wondering what the boxes are on my chart, they are Camarilla Pivot Points; I like to use them because they seem to be very accurate as to where potential turning points in the market can occur, and when you couple them with market structure it can really be a powerful tool. So I will be watching price action to determine which direction this pair will go in the coming future. Good luck!
