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Today we will look at the price of British Pound. Not time ago price traded inside of rising wedge. Then, British Pound broke old support line, and now trades close. I expect that price can make retest of new resistance line and start move down. Also, I think that price can break support level and continue to fall. For this reason, I set up target at $1.1940 level.
I expect this scenario, so be prepared for the next moves. Thank you for your time, we hope our work suits you and you are satisfied, we wish you a nice day and great profits