The pound will continue to rise

02.04.2021

For the pair under consideration, everything is still going as expected. The British currency rate is growing slowly and has already reached a local maximum. In the course of today’s trading session a sharp rapid upward exit is quite probably within the framework of the development of an upward impulse, or rather its third wave.

In this case, purchases are a very promising solution for trading by the instrument under consideration.

Investment idea: buy 1.3845, stop loss 1.3820, take profit 1.4000.