The British pound continues to hold on to the previously reached price values with all its might, and the growth, which has happened earlier, begins to take on characteristic impulsive features. However, without two more waves, all this can turn into a three-wave formation, which will indicate that we are facing a correction, which means that the price will go down.

Consequently, it is recommended to take a break to observe the development of events outside of trading positions, or to buy carefully with small targets.

Investment idea: buy 1.3730, stop loss 1.3715, take profit 1.3800.