The pound managed to withstand the pressure exerted by the dollar and prevent its rate from further declining. Now we can try to launch a counterattack and slightly improve our current position, especially since the situation quite favors this.
Currently, the development of a correction is expected, within the framework of which the price may increase slightly. It is assumed that this will be a retest of the previously broken trend line. There is also a high probability of the price wandering within a certain price range, but this will become clear a little later.
For now, it is worth considering the possibility of concluding purchase deals at the current market values.
Investment Idea: Buy 1.2630, Stop Loss 1.2600, Take Profit 1.2700
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