The British pound managed to reach a local maximum where the movement paused. This is likely a small pause before the next surge to new price highs. It is assumed that the current rise is wave 3 of [v] of the upward impulse.
The situation continues to develop within the framework of the considered scenario, so no corrections are made to it. In the near future, further growth in the specified impulse wave is expected.
Therefore, entering buy positions is the preferred trading decision.
Origin: FreshForex
