GBP/USD. The pound will continue to lose its position.

according to the pair in question, the formation of a correctional wave [IV] also continues. The attempt of buyers to change the situation in their favor did not give any results. The decline is likely to continue.

in this regard, the conclusion and retention in the work of transactions for the sale looks like a rather promising trade decision. It is worth selling at the update of the current local minimum and immediately after the pulse movement to fix the profit.

Investment idea: Sell 1.1870, Stop Loss 1.1895, Take Profit 1.1700.