FOREX MARKET ANALYTICSGBPUSD - Price can bounce down of resistance line to $1.2590
Hi guys, this is my overview for GBPUSD, feel free to check it and write your feedback in comments on TradingView (link above)
A few days ago price moved close to support line and later reached $1.2545 level, thereby breaking $1.2435
But at once British Pound bounced down and entered to rising channel, where price broke $1.2435 level again.
After channel, price made upward impulse higher of $1.2545 level, but soon fell below to support line.
Also, British Pound started trades inside from wedge, and the price recently broke a $1.2545 level again.
Now price continues trade in wedge and I think British Pound can make movement up to resistance line.
And then British Pound fell to $1.2590 level.
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