Waiting for active purchases

01.04.2021

The British currency is trying with all its power to grow, but sellers manage to contain this onslaught, so all price fluctuations happen in a narrow price range, very similar to a correction. Now the main question is the time of the beginning of the active impulse movement. Perhaps this will happen already during today’s trading session, but the price may remain for some time.

Consequently, it is recommended to wait until the current local maximum is updated and only after that start buying.

Investment idea: buy 1.3820, stop loss 1.3790, take profit 1.4000.