The exchange rate of the British currency against the dollar is under pressure and is trading at a local minimum. If sellers are a little more persistent, then with a high degree of probability we will see an impulsive decline in the pair. Otherwise, the price will rebound and make a correction in which it is currently longer in the horizontal plane.

Consequently, there is no need to rush to make decisions yet. It will be possible to sell when the local minimum is updated.

Investment idea: sell 1.3875, stop loss 1.3900, take profit 1.3650.