FirstNameHelen

HelenP. I GBPUSD may break support level and continue to fall

Short
FX:GBPUSD   British Pound / U.S. Dollar
Hi folks today I'm prepared for you BRITISH POUND analytics. The price tested resistance 1.2545 rebounded and started falling. The British Pound tried to break through the level of 1.2445, but failed to fix below, and only after a deep upward correction the price broke through support and fell. For a long time, the price traded below the current resistance of 1.2445 and after making a deep upward correction, the price re-tested the trendline and continued to fall. Subsequently, the British Pound to decline to mark 1.2310 and formed a support zone, which was re-tested and started a local uptrend. The price went up to the current resistance, retested it, and bounced. After a deep downward correction, the British Pound continued the local uptrend, broke through the trend line and the level of 1.2445 and continued to grow. Recently, the price re-tested the resistance at level 1.2545 and began to fall. The British Pound is currently at level 1.2445 and may break through it and continue its decline. I hope that the price may continue the local downtrend, so the goals will be set at levels 1.2400 and 1.23600 which corresponds trend line. If you like my analytics you may support me with your like/comment ❤️

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