for the pair of considered pair is similar to the one that is now observed by EUR/USD. The upward movement has stalled and trade occurs in a certain price range. At the same time, in general, the situation remains bull. The initiative is on the side of the pound, but you need to be able to use the moment.
expected growth, due to the development of the wave of the [v] of the rising impulse and it is assumed that it will end with the update of the current maximum established by the wave [III]. This is a guideline in purchases.
Investment Idea: Buy 1.2280, Stop Loss 1.2260, Take Profit 1.2520.