GBPUSD resume FALLING after correction

As I said at the beginning of last week, the price did start falling from the resistance zone, but stopped at the strong support line that was formed in 2008. Not surprisingly, it is so difficult for the price to break this line.

Let me remind you that the price came to the resistance zone 1.373 after a prolonged growth from the support line 1.287, which was touched in November 2020. In this zone, two resistance lines intersect, one of which was formed in September (1), and the second in December (2) 2018.

After the price bounced off the strong support line and touched the resistance zone again, I expect the price to fall again. During this fall, the price will make a slight correction, but eventually it will be able to break through the 1.355 support line and stop at the next 1.347 support line. This will be our goal.

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻