While the euro faced strong pressure and slightly dipped, the pound traded relatively calmly, maintaining previously achieved values. Currently, we might be observing a correction on smaller timeframes.

In the near future, we could see the resumption of the upward trend, driven by the formation of wave [iii] of the upward impulse. It cannot be ruled out that this wave will extend, making the movement more prolonged and interesting for buy trades.

Thus, it is recommended to consider entering long positions at current market values.

Recommendations: Buy at 1.2690, SL at 1.2665, TP at 1.2840.