The British pound was weak for the rest of the session on Wednesday because the data on British economy is disappointing. This time the construction PMI is worse than expected, it pushed the pound down, however it is in a move that begun on Tuesday, so it is likely to rebound. We see the opportunity to sell the pair again with targets in the medium term to the level of 1.4930, because there is a pattern of a double top figure which maximum is 1.5260 and the ultimate goal is to be located 1.49. Therefore, it is recommend to sell below red bearish channel that can be seen from the chart, we will place stop loss 30 points above 1.5260.

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