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Possibility of the British pound to fall to the US dollar
We are seeing a pound fall to the 1.2880 level this week and we will see the upward trend to the pound to the 1.3000 level again in the past patterns.
The chart first touches the resistance level of 1.3010 with its uptrend and returns to the support level of 1.2800 If we pass this support, we expect to see the downward trend to the boundary of 1.2200 by next month.
Most likely Monday, the euro will fall, and the following day we will see the Euro return
Short term pound fall and its rising return at the end of the week
Given the support line and the return iteration of the previous times, the trend is likely to face upwards.