The pair found the support level.
The data from the UK at the moment has shown worse than expected results. Thus, labor market indicators point to an increase in unemployment and 4.1% was published instead of the expected 4.0%.
A series of speeches by FOMC members and a report on the implementation of the federal budget for October will take place in the USA today.
On the chart we observe that the pair found support at the 1.2850 mark and corrected from it. However, the pair did not reach the mark of 1.2920 and lost the ascending impulse.
Our technical indicators point to sales. Therefore, we advise you to look for points for entering short positions and consider your goals at the marks of 1.2850 and 1.28.
