We note that the pound/dollar is in the stage of forming corrective wave 4
We can enter into a sell deal from 1.25 levels and target 1.242 levels
The second phase
A buy deal from 1.242 levels and we target 1.261 levels
The third stage (main goal) is the beginning of wave 5
Entering a sell deal at levels 1.261. Targets are not specified
We can enter into a sell deal from 1.25 levels and target 1.242 levels
The second phase
A buy deal from 1.242 levels and we target 1.261 levels
The third stage (main goal) is the beginning of wave 5
Entering a sell deal at levels 1.261. Targets are not specified