The British pound has taken a wait-and-see attitude. It did not succeed to grow, and it does not want to go down yet either. But it is necessary to move somewhere, while we see a confident movement to the right. At the same time, the situation remains the most favorable for the decrease.

Wave [z] of (x) of the forming triplet is still expected. Whether it all will succeed will become clear soon, the denouement is close. The signal for action will be a breakdown of the local minimum, the targets are still there, at the lows of the wave [w] and [y].

Recommendations: Sell 1.2360, SL 1.2385, TP 1.1800.