For the pair under consideration, the situation begins to develop as expected. The pound is steadily losing ground, which has already led to the renewal of the minimums of the current year. And this is...

The price is steadily moving from the active phase to the corrective one. Directional movement is replaced by a sideways movement. The state of apathy, when the price jerks aimlessly up and down, can continue...

Sellers are steadily taking control of the situation. The pound was nailed to a local minimum with the clear goal of pushing the rate below the minimums of the current year. Potentially, everything looks very...

The past trading day was marked by another update of the local maximum. There was a insignificant increase with the transition to a correction. Further development of the decline is expected in the near future....

We have not seen the continuation of the pair's decline yet. The price traded in a narrow price range for the entire past trading day, forming an internal corrective structure in the expected downward impulse....