The final phase of growth continues

23.02.2021

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The British pound continues to grow against the dollar, doing it calmly and confidently, step by step. It is still assumed that this growth is conditioned by the development of the final wave [v] of v of the diagonal triangle.

Meanwhile, the indicated wave will continue its further development with a high degree of probability. However, buying at that height may not be very comfortable. Thereby, it is recommended to stay out of the market for the pair under consideration and watch the development of events from the outside, expecting a more auspicious situation.

Investment idea: flat.