The British pound (B6U) is in a clear bull trend with consistent frequency of patterns. Price has retraced during the last three weeks and has NOW reached the hot spot. Lower // line and 20EMA are giving support. The final target is 1.7500 in Sept 2014, then Scottish referendum could reverse the trend or even push the pound higher! I see this trade related to the UK stock market (FTSE100) which is currently trying to brake major resistance.
