FirstNameHelen

HelenP. I British Pound may fall to trendline

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FX:GBPUSD   英镑/美元
Hi folks today I'm prepared for you BRITISH POUND analytics. For a long time, the price has been moving in an uptrend. The British Pound continued to rise after a re-test, and reached the level 1.2525, from which it rebounded and fell. The price made a deep correction and continued to rise. Having broken through the resistance at the level 1.2490, the price continued to rise and tried to break through the next resistance at the level 1.2525, but could not gain a fix above, began to fall and fell to the trend line. The British Pound continued to uptrend and after a slight correction and retest of the trend line rose to resistance 1. Recently, the price tested resistance 1, rebounded and went down. The British Pound may continue to fall and reach the trend line, so the targets will be set at level 1.2440 and at level 1.2405, which corresponds to the trend line. If you like my analytics you may support me with your like/comment ❤️

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