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Today we will look at the price of British Pound. Price exited of upward channel after upward impulse and then start traded inside of triangle. Not long time ago British Pound broke and made retest of current support line. Also price bounced up and now trades close to support. I expect that price can continue to grow higher. For this reason I set up target at $1.2470 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