<p>The higher level of uncertainty before the final announcement of the UK's election is still high and a gap window has emerged in a 4H chart. Now the top line has been breakthrough and the next support line in the short term is 1.31553. If the Pound can fall down below this it may then fall to 1.30700. I still believe the overbought has occurred and the bear power cannot be ignored before the final result is announced tomorrow. Therefore, I would sell stop at this time.</p>

Bear power keeps strong before the final announcement

Dec 01 2020

Take Profit +0.63%

Holding time 10hr

1.31530

Entry price

1.30700

Take profit price

2