The British pound also did not resist the crushing pressure of the dollar. Meanwhile, as in the case of the Euro, this decline can be regarded as a correction, or rather, as the fourth wave of the upward impulse that is being formed.

Then, in the near future we will have another attempt of the pair to grow. But in order to make any deals, it is recommended to wait for confirmation in the form of a lead-in impulse growth.

Until that time, it is recommended to stay out of the market and watch the development of events from the outside.

Investment idea: flat.