The pair’s growth expectations persist

26.10.2021

The last trading day for the pair under consideration did not seem to have happened, inasmuch as there were absolutely no changes. Consequently, the expectations of further developments remained unchanged.

The growth of the British currency rate is still expected due to the development of the final fifth wave of the upward impulse. Immediately after that, a correction will begin, therefore, it is not recommended to hold buy positions for a long time.

Investment idea: buy 1.3760, stop loss 1.3740, take profit 1.3850.