The local minimum for this trading pair has also been updated. But probably, this is just the beginning of a strong impulse movement, inasmuch as the development of wave 3 of the downward impulse is expected. This wave is only at the very beginning of its formation, which means that in the near future the pressure on the British pound will increase.

Consequently, it is recommended to look closer at the possibility of opening additional sell deals at current market values.

Investment idea: sell 1.3760, stop loss 1.3780, take profit 1.3550.