GBPUSD – Expectations of a weaker pound persist

Situation on the pair in question is developing as expected. Pound slightly updated the local maximum and immediately began to surrender its positions. Perhaps, thus the development of the [b] wave of the zigzag has been completed and wave [c] is beginning to form.

If it is true, the downward movement will accelerate and the price will quickly renew the minimum set by the anticipated wave [a]/ The movement potential looks very attractive, so it is worth trying to participate in it.

Recommendations: Sell 1.2300, SL 1.2320, TP 1.1750.