Unlike the euro, the British currency experienced practically no problems during the last trading day. The price slightly decreased, but began to quickly return to the level of the beginning of the decline. The development of the correction is likely to continue in this way.

However, the price cannot stagnate in one place for a long time. In the near future there will be a directional movement and in this case, the most likely is a decline. This is due to the formation of the final fifth wave of the final diagonal triangle, and with it the entire downward impulse that began in May 2021.

Recommendations: Sales 1.2030, SL 1.2055, TP 1.1800.