Probably, a reversal has happened

17.02.2021

The British currency failed to continue to grow. Instead of this, the vector of movement turned around slowly and begrudgingly. Overall, everything looks as if the entire upward wave structure has already been completed, which means that the beginning of a decline in the pair may be the start of a major correction or a downward impulse.

To confirm this assumption, the price needs to go below 1.3770.

Investment idea: sell 1.3770, stop loss 1.3800, take profit 1.3500.