Pound should rise to the top of the continuation pattern before another fall. If the trentline holds under price, we should see a price drop to around 1.10. Price should stairstep its way to lower lows. RSI is also rising in preparation for the longer bullish breakout. Look for shorts for 2017.
Sorry for the lines....price has moved as expected...but not the move down yet...it has begun I think...we'll see..
CATCH THE WAVE....AND RIDE IT!!!