I was a bit off with the top forecasting, but that top did come a few weeks later. I missed the boat. However, on 22 of September, after the Scottish referendum the British pound offered a new shorting opportunity with that huge bearish
candle. I shorted right there, and I will short again on Monday morning.
I'm not sure about how far this pair can fall, but almost certainly, 1.6000 is going to be tested soon.
Weekly picture here