Price is on the verge of impulse decline

09.04.2021

Sellers are steadily taking control of the situation. The pound was nailed to a local minimum with the clear goal of pushing the rate below the minimums of the current year. Potentially, everything looks very interesting and promising, so you should be ready for sales.

There is high probability that everything will happen during the current trading session. It should be noted that a decline is expected within the development of wave [a] of a double zigzag.

Investment idea: sell 1.3720, stop loss 1.3750, take profit 1.3550.