Long

HelenP. I British Pound can continue move up to resistance level

Hi folks today I'm prepared for you British Pound analytics. A few moments ago price declined to the 0.8520 support level, but soon rebounded and started to rise to the 0.8620 resistance level. After the price reached this level, the British Pound made the correction and continued to rise to the resistance zone, thereby breaking the 0.8620 level. But then the price rebounded and made a strong impulse down to the trend line, which coincided with the support zone, breaking the 0.8520 support level. Also price entered to triangle, in which it rose to 0.8700 point, thereby breaking two levels, but soon it rolled down back to the trend line. Then British Pound tried to rise again, but failed and in a short time fell to the support zone. As well price broke the trend line and exited from the triangle, and not a long time ago price bounced up from the support level. Probably, British Pound can make a little movement down and then bounce up to the resistance level, which coincides with the trend line. For this reason, I set up my target at the 0.8620 resistance level. If you like my analytics you may support me with your like/comment ❤️

FirstNameHelen

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FirstNameHelen

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