Article taken from: finance.yahoo.com
The Brexit negotiators got into another “ambush”, where their dialog stopped. London insists that all topical issues must be decided during the transition period, because the extension of the period will impose additional obligations on the United Kingdom, including financial. […] Possibly, after reaching this level, the pair may correct towards 1.2262 and then grow towards 1.2360, thus forming a new consolidation range between these two levels. […] Possibly, the pair may correct towards 1.2325 and then grow to complete the wave at 1.2450. […] From the technical point of view, this scenario is confirmed by Stochastic Oscillator: its signal line is falling to break 50.
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