FirstNameHelen

HelenP. I GBPUSD can break support line and leave channel

Short
FX:GBPUSD   British Pound / U.S. Dollar
Hi folks today I'm prepared for you BRITISH POUND analytics. The British Pound traded below the level 1.1925 for some time, after which the price changed direction and began to rise. The price continued to rise, created an upward channel, and is now trading inside. After a retest support level of the channel, British Pound continued to move up, broke through resistance at level 1.2435 and fixed higher. The price reached the resistance of the channel, from which it bounced back and began to fall. Recently, the price broke through the current support level and was able to foothold lower. I hope that the price can continue to fall and break through the support of channel. Therefore, targets for the British Pound will be set at levels 1.2385 and 1.2300. If you like my analytics you can support me with your like/comment ❤️

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