British Pound Support Just Below 2.0753

Commentary: There is no reason to change our call for a test of the trend channel near 2.1000/2.1100. The larger bullish trend is strong as long as price is above 2.0258 but short term support is at 2.0689. A rally through 2.0873 would potentially complete 5 waves from 2.0426 and give way to a correction back towards 2.0753.

That would offer an opportunity to get bullish for a run to 2.10/2.11.

Strategy: Flat