Michael_Winner

British Pound can fall to new support level at $1.1545

Short
OANDA:GBPUSD   Livre sterling / Dollar américain
Hello, dear traders, we are new here, so we ask you to support our ideas by asking "SUBMIT" and COMMENTS, and you can also freely ask any questions in the comments, we will try to answer everyone, thank you guys.

Today we will look at the price of British Pound.
Not time ago, price broke support line and current support level but soon backed up.
Now, British Pound trades below to support line.
I expect that price can decline and break support level again.
Next, I think that price can continue to move down to my first target which is located at $1.1735 level.
Also, British Pound can fall to my second target which is located at $1.1545 support level.

I expect this scenario, so be prepared for the next moves.
Thank you for your time, we hope our work suits you and you are satisfied, we wish you a nice day and great profits
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