Daily chart: the pair continues to gain volumes, intensively trading for four days in a row in both directions in the area of the middle Bollinger band (1.3795).

Н4: Friday’s close was absolutely identical for the pound with the euro chart – the upper Bollinger envelope was broken against the background of low trend activity from the ADX indicator. This makes a probability of an intermediate rollback of quotes down to the area of supports 1.3728 and 1.3681 be high.

Н1: on the hourly chart a downward correctional wave is forming in the direction of the middle Bollinger line (1.3728), from where we can consider active buying from the side of the bulls – the upper Bollinger envelope has been broken through here several times.

Conclusions: a rollback to 1.3728, then an upward reversal.
Trading decisions:
1. Sales to 1.3728.
2. Buying from 1.3728.