GBP/USD. Continuation of a correctional decline.

British pound, as well as the euro is under the pressure of the dollar and is gradually cheaper. The observed decrease is due to the beginning of the formation of the correctional wave 2. At the moment, the first part of the correction is formed, which presumably takes the form of a simple zigzag. This implies a further decline. At least for purchases for a while, it is worth forgetting.

to sell on the estimated movement in the wave 2 can already be by current values. The potential is small but quite sufficient To make profit.

Investment idea: Sell 1.1975, Stop Loss 1.2000, Take Profit 1.1800.