The pound is preparing to launch another attack to strengthen its position. The result is likely to be positive. So, in the near future we will see the growth and renewal of the current local maximum.

The movement is likely to be impulsive, so there is a good opportunity to profit from the conclusion of buy trades.

It is recommended to open positions at the current market values.

Recommendations: Buy 1.2120, SL 1.2100, TP 1.2500.