FirstNameHelen

HelenP. I British Pound will rebound up of trend line to $1.2820

Long
FX:GBPUSD   British Pound / U.S. Dollar
Hi folks today I'm prepared for you British Pound analytics. A not long time ago, the price declined to the 1.2670 support level, which coincided with the support zone, and soon broke this level and declined even lower than the support zone. Later, GBP tried to back up, but failed and declined to the trend line, after which the price rebounded and made a strong impulse up. British Pound broke the 1.2670 level again and then made a retest, after which the price continued to move up in the pennant, where later GBP rose to the 1.2820 resistance level, which coincided with the resistance zone. Soon, the price broke this level and rose to the resistance line of the pennant, after which GBP turned around and declined below the 1.2820 level in a short time, breaking it one more time. After the breakout, the price made a retest and then declined a little, after which GBP tried to back up, but when it reached the resistance level, the British Pound at once rebounded down to the trend line. Now, GBP trades near this line and I think that the British Pound will make a correction to this line again, after which the price will rebound up to the resistance level. That's why my target is 1.2820 level. to If you like my analytics you may support me with your like/comment ❤️

🚀Details if you interested in my Crypto or Forex & Gold Premium signals 👉🏼 t.me/helenp_trading/3474

❤️ Welcome to my free telegram channel 👉🏼 t.me/helenp_trading
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.