PrometheusAM
Long

:Long-term Sterling Support

FX:GBPUSD   British Pound / U.S. Dollar
One can reasonably expect the Sterling to mean-revert over the course of the next 18-24m as Brexit fears prove to be a furphy. I expect the distribution to remain the same post-Brexit.
The call for support here was decent, but as we know it failed, and is now resistance. After failed B/O a week ago, will be interesting to see how deep this corrective move goes. 1.27 an obvious possibility. I hate election trades. :)
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