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The UK currency fell twice due to macroeconomic data. The first time was the FOMC which shook all markets heavily in pairs with the US dollar, and the second time was yesterday when the data for England were released. The slightly deteriorating situation on the islands means that the correction may even deepen. Why am I writing that correction? Because all the time I think the UK is too strong and independent for the price of the pound to fall permanently. I marked the possible level in the case of declines in the image and there I will look for a signal for a long position. Until then, the market will decide which direction to trade in, because at the moment I don’t see any specific direction.

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