BRITISH POUND / U.S. DOLLARICE
Description
⋅ Please, support this idea by like and comment. Thank you!
From the beginning of May until now GBPUSD has formed a downward trend.
Part of this movement I had the opportunity to participate with our previous analysis.
(tradingview.com/chart/GBPUSD/j5CxEg34-GBPUSD-Head-and-Shoulders/)
Now the price reaches the resistance zone and we expect to see a new down movement.
The key level will be 1.2231.
In case of breaking down at this level we can look for sales to 1.2079 and 1.1989.