WalterMoon

GBPUSD - Price can break support level and then continue to fall

שורט
FX:GBPUSD   לירה שטרלינג / דולר אמריקאי
Hi guys, this is my overview for GBPUSD, feel free to check it and write your feedback in comments👊

A not long time ago price bounced from $1.2010 point and started trading inside rising channel.

Inside channel British Pound broke $1.2155 and $1.2400 levels and reached resistance area.

As well, price exited from channel and later bounced down below $1.2400 level.

But at once British Pound backed up to area and recently declined again.

Now price trades close to support level and maybe British Pound can break it again.

Also, price can make retest or not and continue falling to $1.2240

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