Hello traders, I want share with you my opinion about British Pound. Watching the chart, we see how the price bounce back from the level 1.2545, went down, retested the buyer zone 1.2370-1.2345 and increased. The British Pound made a small correction, continued to rise, and subsequently broke through the resistance level 1.2545. Over time, the price has created an upward wedge in which he traded for a long time. After a retest of the current support level, the British Pound continued its upward movement and reached a resistance level 1.2665, which coincide with the resistance line of wedge. Not long ago, the price began to decline from resistance level and broke through the support line and left the upward wedge. The British Pound can retest the current resistance line and continue to fall. I think the price could drop to the support level. In that case, I decided to set 2 targets at level 1.2575 and support level 1.2545. Please share this idea with your friends and click Boost 🚀