Trading signal - short positions from 1,6580, stop-loss 1,6615, a tejk-profit 1,6455 (as of 11.00 GMT).
During the today's auctions the pound sterling has gone down to 1,6455, however, the descending trend will be confirmed only with breakdown 1,6448. In that case will open as the purpose on last support 1,6431 and after this 1,6395 and 1,6350/60.
Owing to the resulted analysis we are inclined to sell pound on movements of pair pound/dollar upwards up to 1,6585-88 (last support which has become resistance, and the top border of a cloud of Ishimoku). Punching 1,6623 (last support) will change the scenario on bull and can direct pair pound/dollar to 1,6660.
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