Possible Reversal in GBP
However, the Pound basket has an existing resistance around 1.52-1.53. Price has given a test of this area, and has thus far been rejected. There's a fair amount of space to the downside here, so I won't be too quick to jump in. Will be looking for some sort of confirmation here. Lower highs and lows would be great, or a break down below the 50 period .
Will look at potential pairings and update as an entry begins to form.