The British pound reached the support level we found to be strong at 28.68, it had a breakout for a moment but then it bounced back and currently trades for 28.75, this could be a sign of a reversal since the price was unable to get the support breakout before, we see the relative strength index at 46% making a small gain after the 3 sessions of loses, the bollinger bands are opening up and this could mean a trend change is coming, it is still too early to tell but this could be an opportunity to go long and close before the resistance found at 29.38.
This post does not provide Financial Advice for traders, its merely purpose is education, use all the information available from different Analysts and build your own strategy, trading is not for everyone, you should only trade with money you can afford to lose, past performance is not an indicator of future results.