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The British Pound finally gave people who were short from the first resistance a chance to exit short. This resistance was attacked 4 times, and I am of the opinion that each subsequent attempt by investors to break a certain level shows a great willingness to exit such a price range. Less experienced investors may not know, but it is worth getting interested in the “order book”. It is not generally available, but you can see how it looks on cryptocurrency exchanges. Such strategic places usually have a huge number of orders set that cannot be bought with the existing capital. This usually happens at these levels.
Currently, despite the border with the trend line, they expect a deepening of the correction and reaction at the level of support that was previously so strongly defended.
