15.01.2014 - The British pound is preparing to fire!
The price of the British pound is clamped in a narrowing triangle (red lines). In case of getting out from the triangle, we expect a strong move in one direction or another. The confirmation signal for decrease will be consolidation below 1.6320, and for increase - consolidation above 1.6500.
We wish you profitable trading!
FXFINPRO Capital Analytical Department