Like the European currency, the pound was able to rise, but could not resist, having rolled back somewhat. This decline looks like a consolidation and in the near future the likelihood of further growth looks high enough to open Buy positions.

Among other things, this bullish move is justified by a third impulse wave. The upside potential is around 150 pips.

Recommendations: Purchases 1.3500, SL 1.3480, TP 1.3650.