December British pound:
1. In last Wednesday’s (October 7) Williams edge live meeting it was noted that the December British pound (then trading at approximately $152.97) was expected to advance to $153.50 (or somewhat higher) and close daily below $153.50, then decline to $152.60/$50 into early this week (week of October 12).
2. Subsequently, the December British pound advanced to $153.50 (swing high of $153.82) and closed daily below $153.50. Today’s (Tues, October 13) the December British pound declined and completed the $152.60/$50 downside target (today’s session low, $151.94). This successfully completes the trade. Will message any further entry or indication in the December British pound.