FX:GBPUSD British Pound/U.S. Dollar
As shown in this there have been about 9 false break outs above the 1.495-- , all of which resulted in a reversal pulling down way below the . Some of which reversed in the same day, only down around the 1.49--- level. Most however shorted down to the 1.48--- and some even shorted down to the 1.46--- . I am predicting that this pair over the opening day will short down to at least the 1.49-1.48 level of support.