Preferred direction: SELL
Comment: For the British pound, we continue to adhere to scenario №2. The first, as we remember, has already been worked out, but since the fall continues to be relevant in the medium term, scenario №2 is also relevant. Just like other major currency pairs, the pound has accumulated buyers within the current balance, which is a resource for going down. Technically, everything about us is also about sales.

Special focus to the level of 1.27000, where buyers’ stop losses are located. Actually, in this area the most active phase of the expected downward impulse is expected to begin.

We have downside targets at the levels 1.26000 and 1.25000.


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✅The trade was moved to breakeven + partial profit taking✅
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