The pound has hit a recent high, opening up space for upward mobility!
This chart shows the weekly candle chart of the pound against the US dollar for the past year and a half. The image is overlaid with a bottom to top golden section. As shown in the figure, the pound has reached a recent high against the US dollar, demonstrating the strongest performance among mainstream non US currencies! Yesterday, the highest point of the pound against the US dollar has already broken through the 2.000 level (1.2680) of the bottom against the golden divide! Once the daily closing is above it for three consecutive trading days, the upper space will open. In the future, the upper space will open to 1.3100!