The price is in front of the choice of the direction of movement

19.08.2021

Although the pound remains within the correction, it is steadily leaning back. If this slow downward movement continues, the situation could end up in big trouble for buyers.

So far, the situation remains uncertain and it is not recommended to open any positions. In this situation it is worth waiting for a clarification in the form of a strong growth, or a decline to a local minimum.

Investment idea: flat.