The Euro and British Pound currency pair is currently at a fairly strong level. This price line has repeatedly been both a support level and a resistance level, or it was a culmination point. The British pound strengthened well in December, thanks to the start of vaccinations in the country. But it should be borne in mind that Europe is unlikely to allow its currency to weaken. And they have a very powerful tool for that, such as an incentive program. With which you can adjust the exchange rate. Indicators also show that a currency pair is oversold. And most likely this price line will become a turning point. And the currency pair will return to its usual price zone.