FX_IDC:GBPUSD POUND STERLING / US DOLLAR
The chart is hopefully self-explanatory but I am suggesting that the Pound is perhaps due a further wave 4 rally correction. As for targets for a bottom, I have suggested three areas to consider. Please see the chart for details.
Comment: The 1.11 target looking more possible by the day.
Comment: Is the Pound due a bounce.......errrrrr........no.
Comment: Hang on a minute.....is there still some life in the old dog?