Hello traders, I want share with you my opinion about British Pound. If we look at the chart, we can see how the price some days ago it rebounded down from the 0.8575 resistance level and broke it, after which the price started to trades in the range, where it declined to the 0.8530 support level, which coincided with the buyer area. Then GBP bounced from this level and quickly rose to the resistance level, after which turned around and made impulse down to 0.8500 points, thereby exiting from the range and breaking the support level with the buyer area. But soon, the British Pound turned around again and started to rise in an upward channel, which soon broke the 0.8530 level again and reached the resistance line of the channel. After this movement, the price corrected the support line and then made a strong impulse up to 0.8600 points, thereby exiting from the upward channel and breaking the 0.8575 resistance level, which coincided with the seller zone. But a not long time ago price started to decline and fell lower resistance level, breaking it again, and now GBP trades near the support level. So, I think the British Pound can decline to support level again, after which it will turn around and start to move up. For this reason, I set my target at the 0.8560 level. Please share this idea with your friends and click Boost 🚀