This is just an idea but it obvious Pound has been weak due to the mystery that so far is unsolvable. Im talking Brexit. Boris Johnson is the new winner in the PM race. That brings up some intresting information. How is the market going to react? What are his plans? EU shot down his idea almost immediately. Was a new PM really the answer if the EU still will not budge on the agreements? Anyways lets talk Pound Dollar. In my eyes the Pound is due for a small recovery technically. Its been on a steep decline. For awhile there they continued to print impressive numbers besides the talks. So what ever did beat expectations was swept under the rug due to the chaotic situation. So for the short term i think technically were at least due for a small price recovery.