The pair sterling and dollar general trend shows a side since the beginning of February this appears ready to break if you look at the sudden loss of torque from the day March 22. The last quote of the week marked 1.6041 which is a distance very close to 1.5986 which is crossed by a Fibonacci retracement of 38.2%. In analyzing the RSI indicator that can predict 28.6744 mark a rebound of the quote would at first resistance value of 1.6137, the second roof can be placed on the value of 1.6287.
If you break it down, side-channel shows that just happens very close to a Fibonacci retracement line of 38.2% can be expected a drop to 1.5867 levels.
If you look at moving averages of 12 and 5 periods can be seen that even Queen of the sell signal and no currency pair that will soon change.
A key moment for this pair will follow the time the London Stock Exchange begins to operate.