Due to the weakness of USD and recovery of the economy in EUR, I think long is more probable than short.
Based on economic data and COVID-19 vaccination status in UK, as well as the weak position of the USD, I predict the strength of the pound.
This pair oscillates between the zones and now is the time to follow an upward trend.
As can be seen in the figure, we may have a downward trend to the support zone and then a rise to the higher targets in the H4 time frame.
Due to the decline of the US oil reserves, the price jumped last week. However, by considering the current situation and the possibility of a significant import of Iranian oil products, we predict a downtrend. We can look for suitable LONG opportunities. I also expect US oil reserves to be around -0.5 million barrels, pushing oil prices down to $ 62 a barrel.