The couple remains in the power of the “bears”

14.05.2021

There are no signs of recovery in the upward movement. The price is completely under the control of sellers, who are preparing for further pushing the British currency rate. At least this is how the situation looks at the moment.

As noted earlier, a decline is expected within the framework of the formation of a large correction, and before that an impulse was formed with a truncated wave [v] of v, which, moreover, took the form of a final diagonal triangle.

Investment idea: sell 1.4030, stop loss 1.4060, take profit 1.3600.