as we see over our previous chart and as we advised last week
British pound seems heading to build rising wedge formation which facing resistance at 1.3200
if this model control market another drop wave will be expected toward 1.2810 zone
above 1.3200 more advance toward 1.3240-60 zone will be expected while 1.3330-50 wil be possible target also
| Support | Resistance | |
| Level 1 | 1.3050 | 1.3200 |
| Level 2 | 1.2980 | 1.3240-60 |
| Level 3 | 1.2930 | 1.3330 |
