HelenP. I British Pound can continue to move down

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Hi folks today I'm prepared for you British Pound analytics. Some days ago price bounced from the support zone, which coincide with the 1.2660 support level, and rose to 1.2850 point. But soon price started to fall and declined to the trend line, thereby breaking the support level with the support zone. Next, the price rebounded up and made a strong impulse up to the 1.2960 resistance level, which is located in the resistance zone, breaking the support level again. The British Pound rose more and later started to decline and a not long time ago, it fell back to the resistance level and recently declined below it. Also, the price continued to move down and in a short time fell to the trend line and a few time ago broke it and at the moment trades near it. I expect that the British pound can make a little movement up and then continue to fall. Therefore I set up my target at the 1.2750 level. If you like my analytics you may support me with your like/comment ❤️

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