HelenP. I GBPUSD may break resistance of wedge and to rise

Hi folks today I'm prepared for you BRITISH POUND analytics. For a long time, the British Pound trades in a local uptrend and rose to resistance at the level of 1.2680. After re-testing the resistance, the price began to fall and dropped to mark 1.2440, making an upward correction Pound continued to fall. Over a long period, a downward wedge was formed, in which the price is still traded. Having made a slight upward correction, the British Pound tried to break through the resistance of the wedge, which corresponds to the trend line, but could not fix higher, continued to decline and reached the support zone 1.2335-1.2305. The price re-tested the support of the wedge and started to rise. Now the price is trading below the trend line, but can continue to rise, break through it and leave the wedge. It seems to me that the British Pound may continue the downtrend, but first it may make an upward correction. Therefore, the goals will be set at level 1.2380 which corresponds to the resistance of wedge and trendline and level 1.2450. If you like my analytics you may support me with your like/comment ❤️