The support around 1.235 seems to have worked. This will open way to previous swing high and 1.28.
If a retracement in DXY is on the works, pound can be the best pair to take advantage of this, as it lost minimal ground against USD and just bounced from a significant support.
Strong price action gapping higher. Big rejection of the 0.73 level.
Buy order on break of previous candle's high at 0.73745
This will also break the down trend line from Mid-October
