Pivot point: 1.3820 .
The preferred scenario: Entering long positions at the highest levels of 1.3820, targeting the levels of 1.3945.
Alternative scenario: entering short deals at the lowest levels of 1.3820, targeting the levels of 1.3730.
Commentary: The pound-dollar pair is still maintaining the general upward trend, through the ascending price channel, to start the trading of this week, at the levels of 1.3830, after entering In a short-term correction wave, which is expected to end the current correction wave at 1.3820 levels, and then return to complete the general bullish trend, targeting the previously mentioned levels, especially in light of the price being above the moving averages (50-100), in addition to the presence of The liquidity flow indicator is at oversold areas, which supports the positive outlook for the pair's trading in the short term.
