A couple of things going against it - there has been persistent rumors about a possible UK exit in the EU and a possible credit ratings downgrade against the UK. The rumors have somewhat died down a bit and it looks like a wave of profit-taking is taking place.
I'll be looking at this pair closely and may enter a BUY trade should the day end with it on a blue candle. BB, RSI and Slow Stochs show it is oversold. More screenshots coming as this develops.
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