This is a very interesting chart. I made this chart way back in February when Pound started rallying. Back then it helped me predict the peak around 1.3350.
However, I didn't pay too much emphasis on this chart.
Even in March, it helped me predict the Peak.
Now, if you notice, as per this "interesting chart", the LOW is around 1.2870. And well, price has managed to bounce once again.
So, if this works like it did in the previous times, we can see a rally upto 1.3550 in the next couple of months and probably, we have seen the lows.
However, I didn't pay too much emphasis on this chart.
Even in March, it helped me predict the Peak.
Now, if you notice, as per this "interesting chart", the LOW is around 1.2870. And well, price has managed to bounce once again.
So, if this works like it did in the previous times, we can see a rally upto 1.3550 in the next couple of months and probably, we have seen the lows.