Nothing has changed for the Pound as the price is still trading in the consolidation between two strong levels: the support 1.3049 and the resistance 1.3318. Also we should note that large volume
is concentrated in this range, so the exit of the price from it will be a good signal for entering the market. That’s why we should wait for the price to come out from the consolidation on increased/large volume
. The movement must be sharp
. Only after that we can consider new deals here.
The bottom line: waiting for the price to exit from the range.