GBPUSD bounced from resistance of channel and can to decline

Hello traders, I want share with you my opinion about British Pound. Watching the chart, we can see how the price after a rebound from the level 1.2010 began an upward movement. The British Pound broke through the resistance area 1.2265-1.2285 and continued to rise. We see how the price, after a small correction and test of the current support area, continued to move. Over time, the British Pound created an upward channel and is now trading inside. After the retest of the support line of channel, the price continued to rise and reached the resistance line. The British Pound bounced off the resistance line of channel and went down. On Monday, after the opening of the market, the price can continue to decline. I think the upward movement can was continued, but first the British Pound can make a small downward correction. So the target I decided to set at level 1.2485. Please share this idea with your friends and click Boost 🚀