British Pound Hits Resistance Line - Forming a Top

[B]Commentary:[/B] There is no sign yet of a reversal but the long term structure indicates reversal potential. Price has touched the resistance line from the ending diagonal.

A terminal thrust through the line is possible but strength should prove temporary. We expect a reversal, and soon. We are looking for a return to 1.8515 (time horizon unclear). [B]Strategy:[/B] Flat