Sterling's Fading Advance Makes it Prone to Technical 'Accidents' (Quick Takes Video)

Talking Points:

• The Sterling is still one of the best performing majors over the past month with both Brexit and BoE pace supporting lift
• As supportive as recent events have been, the combination will not be an endless well of strength
• If Brexit troubles pick up again or BoE warns of an uncompetitive rate pace, there are many GBP technical break points

How strong is the Pound's climb? See how retail traders are positioning in pairs like GBPUSD, EURGBP and GBPJPY on the DailyFX Sentiment page. (https://www.dailyfx.com/sentiment?ref-author=Kicklighter)



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