Quite obvious that the bears are out to try and slaughter what remains of the pound. Losing politicians, losing football, losing trade....not to mention the shit weather!
Here is a simple retrace action trade. Perhaps 1.33 is a little optimistic but we will see a retrace. Check out my SPX500 trades to work out why ;) End of hour, end of day calls on GBPUSD - That's my 50p