WalterMoon

GBPUSD - Price can bounce down and break support level

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 few days ago price started trading inside from flat and later fell to $1.1805

Then British Pound bounced up, broke $1.1915, and started trades inside from rising channel.

Next, price made correction and continued to rise to resistance line.

Also, British Pound broke $1.2140 and recently $1.2400 levels.

Now price trades close to support level and maybe British Pound can bounce down, thereby breaking this level.

As well, I think price can make retest or not and continue to fall to $1.2255

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