The pound, unlike the euro, is holding much more confidently and does not let the dollar sell its rate. But it is not possible to grow. In view of a possible impulse decrease in the euro, it makes sense to consider the option of a decrease in the considered trading pair.

Thus, the upward movement, observed during the last two months, may be a correction, which is a double zigzag within the wave (b). Then in the near future we may see an impulsive decline due to the development of wave c, if it is a major plane, and if it is a double zigzag, the decline will be a three-wave pattern.

There are no good levels for making trade deals yet, so it is recommended to stay out of the market and watch how events will develop from the outside.

Recommendations: flat.