British Pound can make correction movement and then bounce up

Hello traders, I want share with you my opinion about British Pound. Looking at the chart, we can see how the price bounced from the buyer zone and made impulse up to the resistance level, which is located inside the seller zone. But soon price bounce down and made correction below the support level with the buyer zone to support line. After these movements, British Pound made a strong impulse up to the resistance line, thereby reaching past the target, which is located at 1.2615 level, and rose higher of the seller zone with the resistance level and forming upward pennant pattern. Later price bounced of the resistance line and declined below the seller zone with the resistance level to the support line, but recently British Pound bounced up and now trades in the seller zone. Maybe the price can make a little move down and then bounce up. As well possibly British Pound can break the resistance level, make a retest, and continue to move up to the resistance line. If the price can break the resistance line, it can exit from the pennant and continues to move up, therefore I set up my next target at the 1.2780 level. Please share this idea with your friends and click Boost 🚀