GBPUSD

For the GBP and the impact of the news on the currency of the pound we see the analysis from the beginning of the stock at the number 1 where the support rose from it to form us the highest peak at the number 3 and fell to bounce from the same price at No. 2 continued the process in a casual and formed us a new top lower than the previous at No. 4 Falling from it to where it gave us a bearish channel chart targeting the 1.20 level where it broke the strong support at the levels of 1.35 and 1.36600 then increased from the new support at 1.20000 and then broke the 1.35 and 1.366 levels to be the top 5 on the chart and gives us Down channel where at the number 6 being bottom and at the number 7 being the bottom of the above than now the target levels Our reading of the figure is 1.35 and the second 1.36600 is a dollar for 2019 so the GBP at 1.35 will be affected by the US interest rate and may return to 1.26800 levels targeting the 1.35 levels again and we expect the price to move sideways between the levels mentioned above
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