HelenP. I British Pound can decline to support line of channel

Hi folks today I'm prepared for you British Pound analytics. A few time ago price rebounded from resistance 2, which coincided with the resistance zone, and rose to 1.3145 points. But then the price rolled down and entered to downward channel, in which the British Pound declined below the 1.3000 resistance level, thereby breaking it. Also then price tried to rise, but after it reached resistance 2, it rebounded and fell to resistance 1, which coincided with the support zone. Next, the price bounced up and reached the resistance line of the channel, but a not long time ago it rebounded and declined to the support zone, breaking the 1.2620 resistance level. At the moment, the British Pound continues to trades in this zone and I expect that the price can reach resistance 1 and then rebound and start to decline to support line of the channel. For this reason, I set up two targets, the first target at the 1.2500 and the second - at the 1.2370 levels. If you like my analytics you may support me with your like/comment ❤️