British Pound could fall to the support level
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Today we will look at the price of GBP/USD.
I draw your attention to the graph, where we can see the British Pound come out of consolidation and grow to the resistance area.
Price tested the resistance area and bounced.
Now the price is below the resistance area and can continue to fall.
I expect that after the weekend the price can drop to the support level 1.1765 where I see our goal.
Also, the price can break through the support level and continue to fall, so I will update this idea for you as soon as the market situation changes.
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
Today we will look at the price of GBP/USD.
I draw your attention to the graph, where we can see the British Pound come out of consolidation and grow to the resistance area.
Price tested the resistance area and bounced.
Now the price is below the resistance area and can continue to fall.
I expect that after the weekend the price can drop to the support level 1.1765 where I see our goal.
Also, the price can break through the support level and continue to fall, so I will update this idea for you as soon as the market situation changes.
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