Hey guys, In the daily chart, there is a buy signal though not at the oversold territory. I will place a buy stop at September 20 highs of £1.32. If price action fails to correct lower towards the 20 period MA and at the 61.8% Fibonacci level then our sell stop will most likely be activated. This trade will be as follows: Buy stop: £1.32 Stop Loss: £1.3 Take Profit: £1.37-£1.4 don't miss out on my posts, hit the like button. Get more analysis at forex.today.com Bests.