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 recent price action has turned sideways and choppy, negating a price downtrend. The recent price action also may be forming a bullish rounding-bottom reversal pattern. See, too, at the bottom of the chart that the moving average convergence divergence (MACD) indicator has just moved into a bullish posture as the blue MACD line has just crossed above the red trigger line.
