The exchange rate of the British currency against the dollar has not undergone almost any changes. Consequently, the expectations of growth within the development of the momentum remain. Meanwhile, it is recommended to enter buy trades when the current local maximum is updated.

The expected growth will be the third wave of the impulse, and therefore, the movement will be formed quickly and have a long-term character.

Investment idea: buy 1.3900, stop loss 1.3875, take profit 1.4180.