Under normal circumstances I would expect that to happen, but it makes no sense for dollar go up fundamentally speaking. But the banks will do what they do so use caution on pound. I posted plenty of other charts with safer trades, such as NzdJpy. On GbpNzd and GbpAud, it's best to execute a sell by sell stop order underneath corrections to lessen risk. I'm long GU and Gcad in case they take off but will close if I feel like it.