HelenP. I British Pound can continue grow to resistance level

Hi folks today I'm prepared for you British Pound analytics. A few time ago price rebounded from the 1.2450 resistance level, which coincided with the resistance zone and entered to downward channel, where GBP started to decline. Inside the channel, the price broke the 1.2450 level, and some time traded below, but soon it continued to fall and in a short time declined to support line of the downward channel, which coincided with the 1.2235 current resistance level. The British Pound a few time traded near this level, but recently price broke it and declined to support line of channel again. Also a not long time ago it rebounded from the support line and now I think that GBP can continue to rise to a resistance level and try to break it. After the breakout, the British Pound can make a retest and then rebound up to the resistance line of the downward channel. For this case, I set two targets, the first target at the 1.2235 resistance level and the second - at the 1.2310 level, which coincides with the resistance line of the channel. If you like my analytics you may support me with your like/comment ❤️