British Pound can continue to decline and break support level

Hello traders, I want share with you my opinion about British Pound. Looking at the chart, we can see how the price fluctuated between the resistance level 1.2535 and the buyer zone 1.2370-1.2345 for some time. After the last retest of the buyer zone, the British Pound began an upward movement, broke through the resistance level 1.2445 and continued to grow. The price break the level of 1.2535 and rose to the level of 1.2675, where it formed a resistance area. After retesting the resistance area, the British Pound began to fall. We see that the price did not update the previous high, continued the decline and break of structure (BoS), updating the low. The British Pound changed of character (CHoCH) of the movement, updating the next low and continued fall and broke through the current support level of 1.2535. The price made a small correction and after a retest of the resistance level continued to decline, proof of the downward structure (PoS) and reached the level of 1.2445. Not long ago, the British Pound made a deep correction to the increase, re-tested the resistance level and continued to decline. Now the price is trading under the resistance level and can continue the downward movement. I think the price can break through the support level and continue to fall. In this case, I decided to set two goals, at level 1.2445 and in zone 1.2370-1.2345. Please share this idea with your friends and click Boost 🚀