The British pound also took advantage of the dollar’s weakness. For the pair under consideration, the development of the correction, which has taken the form of a zigzag and is wave [ii], has probably completed. Yesterday’s growth can be represented as a lead-in wave of an incipient impulse in wave [iii].

Therefore, purchases look very promising in the near future. However, it is worth opening deals on the update of the current local maximum.

Investment idea: buy 1.3755, stop loss 1.3730, take profit 1.3900.