The pound ultimately failed to withstand the onslaught of the dollar and retreated. This led to a good decline in the price with a breakout of the critical level, which is also a point to enter sell trades.

In the future, the pair is expected to continue to decline, during which the current local minimum will be updated and, probably, the development of the correction, taking the form of a double zigzag, will be completed.

Investment idea: sell 1.3495, stop loss 1.3515, take profit 1.3350.