And so, the Pound is squeezed between 1.37405 - 1.40040 (a trading zone that is located within another, larger range). The price within the indicated ranges on the chart can move as you like (especially since the price is not now located at any of the boundaries of these ranges). Nevertheless, the instrument is locally more prone to growth than to a fall (as long as the level of 1.37405 is not touched again).
Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.