Against all expectations, the British currency failed to update the local maximum. The price went down sharply. This led to a redrawing of the possible upper generatrix of the assumed horizontal triangle. But confirmation that this is exactly the model that is assumed has not yet been received.

Consequently, it is still not recommended to consider this pair for trading. It is worth waiting for confirmation in the form of reaching the lower generatrix and rebounding from it.

Investment idea: flat.