At the moment, our pair is confidently advancing downwards to the annual minimums and is ready to update them. Despite the numerous statements made by the representatives of the Bank of England on the strengthening of the economy and raising the interest rate.
The pair could not hold above the mark of 1.30 and headed down. Our technical indicators point for sale. Therefore, we advise you to look for points to enter short positions and expect the pair to set new annual lows.