Yesterday, the pound sterling matched my forecast perfectly. I expected that it would breach the lower boundary once any strong driver appeared. And it did so, breaking the level of 1.4070 where it is still trading. I think that today the pair may rebound from the dash line and the balance line on the chart. The bias is selling; the upper boundary is protected by the mandatory zone. Iím expecting a rebound of the pound sterling to the area of 1.4160-1.4130 where the stream of long positions will be located.

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