FirstNameHelen

HelenP. I British Pound can make correction and then rebound up

Long
FX:EURGBP   Euro / British Pound
Hi folks today I'm prepared for you British Pound analytics. Some days ago price declined to the support zone, which coincided with the 0.8560 support level, and traded there some time. But later, the price declined more to the trend line, where it rebounded and started to rise close to this line. British Pound rose to the resistance level, which coincided with the resistance zone, thereby breaking the support level again, and when it made a fake breakout of 0.8615 resistance level, the price at once rebounded and made a correction to the trend line and even declined lower, breaking this line. After this moment, the price made impulse up to the resistance level, but a not long time ago it rolled down to the trend line and broke it again. now probably British Pound can probably decline a little more and then rise to a resistance level and try to break it. After breaks, the price can continue to move up, therefore I set my target at the 0.8635 level. If you like my analytics you may support me with your like/comment ❤️

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