FirstNameHelen

HelenP. I After broke trend line, British Pound can make retest

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FX:EURGBP   Euro / Libra Esterlina
Hi folks today I'm prepared for you British Pound analytics. Some days ago price fell to the 0.8550 - 0.8535 support zone, which coincide with the support level and soon it bounced and made impulse up to the 0.8655 resistance level. After this, EURGBP started to decline and fell lower at the 0.8550 - 0.8535 support zone, thereby breaking the support level, but at once it rebounded from it and made a strong impulse higher of 0.8655 resistance level, which coincide with the resistance zone. Also later, the price reached the trend line and then bounce down to the support level, breaking the resistance level. But a not long time ago, British Pound rebounded up from the 0.8550 support level, broke the trend line, and now continues to trade near the trend line. I expect that price can make a retest of the trend line and continue to move up. Therefore I set up my target at the 0.8615 level. If you like my analytics you may support me with your like/comment ❤️

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