GBPUSD
The currency pair is not slowing down. The level of correction following the recent strong gains has already been almost entirely compensated by investors. The broad consolidation at the bottom of the correction was simply selecting contracts at a better price to prepare for further increases that I already wrote about in December and January. Back then, I was listing price ranges that are still valid. Therefore, breaking new price peaks to them is only a matter of time. At the moment we have long positions in the game all the time. If someone wants to try to enter a short position, it should not be earlier than in the place where the support breaks (marked with a cross). The place of support can be decisive for the further movement of the currency pair.