could not surprise anything in question, followed by the Euro example, the pound lost its position. However, unlike the unified European currency, the position of the British in relation to the dollar looks more profitable. Updating the minimum of the current year, which followed at the end of September, is not expected.
The observed decrease is assumed in the framework of the formation of a wave of C, a zigzag is a wave of [II], a nascent rising impulse.
in the near future the price will probably continue decrease. The signal for sale is already available, a trend line was broken and the price was then gained to gain a foothold below it.
Investment idea: Sell 1.1190, Stop Loss 1.1220, Take Profit 1.0500.