Short

HelenP. I British Pound can bounce down of resistance line

Hi folks today I'm prepared for you British Pound analytics. A few time ago price bounced down and declined below support 2, which coincide with the support zone, to the trend line. But at once price bounced up and made a strong upward impulse to support 1, which is located in the current support zone. After this, British Pound made a correction to the trend line, then it bounced and continued to move up. When the price rosing, the price first reached support 1 with the support zone again, and a not long time ago broke their too. Then British Pound made a retest and continue to rise to the resistance line. At the moment price continues trades close to this line, and I think it can reach the resistance line, then bounce of this line and start to decline to support 1. For this reason, I set two targets, the first target located at - 1.2700 and the second at - 1.2575 support level. If you like my analytics you may support me with your like/comment ❤️

FirstNameHelen

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FirstNameHelen

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