The British currency, like the Euro, is trying to make the most of the opportunity. The dollar is clearly experiencing some problems, allowing the pound to grow. Thus, presumably, there is the formation of an extension in wave 3 of the upward impulse.

In the near future, the upward movement may continue by inertia, after which a corrective pullback will begin. In this situation, it is recommended to wait to open any positions, taking a pause to observe how the price will behave in the future.

At the same time, previously opened buy trades can be closed or stop loss can be moved closer to the current market value.

Recommendations: flat.