The pound has grown slightly, having updated the local minimum. Meanwhile, the development of the correction or part of it is probably completed. Then, in the near future we will expect a decline in the pair, which was previously indicated. It was caused by the formation of wave [iii] of a downward impulse with a very good movement potential. Additionally, this wave will probably be lengthened, which will increase the duration of its development.

We can open sell deals when the price reaches 1.3690.

Investment idea: sell 1.3690, stop loss 1.3715, take profit 1.3300.