i disagree. fundamentals aren't there . i just closed all my GBPXXX. CPI comming stronger for UK despite oil very strongly down and housing market also in bublicious teretories . and because uk follow us GBPXXX==USDXXX just dont worth it doubling down you exposure to go short againt top performing G7 countrys !!!
Thanks for sharing your ideas, this is a short term techcnical setup. Market does follows fundamentals but also makes technical pullbacks, we should combine both. Long term my bias is also long because of expected rate hike, but now the price is oversold and needs a deeper technical pullback.