Hello, dear traders, we are new here, so we ask you to support our ideas by asking "SUBMIT" and COMMENTS, and you can also freely ask any questions in the comments, we will try to answer everyone, thank you guys.
Today we will look at the price of British Pound.
Not time ago price traded inside of rising wedge.
Then, British Pound broke old support line, and now trades close.
I expect that price can make retest of new resistance line and start move down.
Also, I think that price can break support level and continue to fall.
For this reason, I set up target at $1.1940 level.
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 British Pound.
Not time ago price traded inside of rising wedge.
Then, British Pound broke old support line, and now trades close.
I expect that price can make retest of new resistance line and start move down.
Also, I think that price can break support level and continue to fall.
For this reason, I set up target at $1.1940 level.
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