Long

HelenP. I GBPUSD has left the wedge and may continue uptrend

Hi folks today I'm prepared for you BRITISH POUND analytics. The price created a support zone.2365-1.2345 and started to rise and reached resistance at the level 1.2545, from which decreased to the support zone and re-tested it. After re-testing the support zone, the British Pound continued its uptrend. The price made a slight correction downward and tried to break through the trend line, but could not gain a fixed below and continued to grow. British Pound created an ascending wedge and traded inside for a long time and recently left it. The price, having re-tested the support line of wedge that coincide with the trend line, continued to rise and broke through the resistance at level 1.2545. After some time, the British Pound broke through the resistance of the wedge and continued to grow. Now the price has made a downward correction, re-tested the current support line and may continue to rise. I hope that the British Pound may continue the uptrend, so the targets will be set at levels 1.2640 and 1.2675. If you like my analytics you may support me with your like/comment ❤️

FirstNameHelen

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