Waiting for a reversal

16.02.2021

The pair under consideration also remains the potential for further growth. It will be hard for the pound to climb high, so it is not recommended to buy at current prices.

Moreover, the movement is assumed within the formation of the final wave [v] of v of the final diagonal triangle. In this case, a reversal and a rapid decline may occur soon. It is recommended to stay out of the market until these assumptions are confirmed.

Investment idea: flat