On the pair in question, as well as in the situation with the euro, during the last trading day, there was observed the completion of the downward momentum, which is presumably part of the correction. Pound has already attempted to rise and there are some success in it. Probably, it is just the beginning.

Within the nearest time, the correctional growth is expected to continue. The movement is likely to be small, but it will be enough to make some profit. In this regard, it is recommended to consider the possibility of making trades at the current market values.

Recommendations: Buy 1.2050, SL 1.2025, TP 1.2170.