December British pound (B6Z26) futures present a buying opportunity on more price strength.
See on the daily bar chart for the December British pound futures that prices are in an uptrend and have just hit a 13-week high. See, too, at the bottom of the chart that the moving average convergence divergence (MACD) indicator is in a bullish posture, as the blue MACD line is above the red trigger line and both lines are trending up. Sterling bulls have the overall near-term technical advantage.
