Continuation of decline follows

29.09.2021

The exchange rate of the British currency against the US dollar could not resist at the previous values. As a result, the price minimums were updated, which opens the way for a further prolonged decline.

This is due to the development of wave Y of the forming double zigzag. Potentially, the movement looks quite promising, so it is recommended to look closer at the possibility of opening sell deals at current market prices.

Investment idea: sell 1.3550, stop loss 1.3570, take profit 1.3200.