The turmoil in Europe ( French elections and British Elections) may lead to a stronger Dollar and may initiate a sell of Pound . Personal outlook !
Comment: The Risk/Reward stands a ta ratio 5.27 :)
@cmc, This is possible but what i have shown with my analysis is a possible new downtrend and is a low risk high return trade :) If the resistance will break this scenario is highly probable !
@elio1618, I agree with you! It was for the sake of debate only! Cheers!
@cmc, Big like for your charts ... big fan of naked charts :) Cheers
@elio1618, :) Thanks!