British Pound can bounce from seller zone and continue to rise

Hello traders, I want share with you my opinion about British Pound. By observing the chart, we can see that price a few days ago declined to support line of the upward channel, thereby breaking the 1.2500 support level, which coincides with the support area. Inside channel price rebounded from the support line and made impulse up to the resistance line of the channel, thereby breaking the 1.2500 support level again. After the price reached the resistance line, it at once bounced down and made a small correction, and then continued to rise. The British Pound rose higher at the 1.2850 level and the seller zone and even later made a fake breakout, after which bounced down to the support line of the upward channel, breaking of 1.2850 level. But a not long time ago price backed up and now trades inside the seller zone. In my mind, the price can rebound from the seller zone and start to rise to the resistance line of the upward channel. For this reason, I set up two targets, the first target at the 1.3000 level. As well, I think the price, after reaching the first target may continue to grow. Therefore I set up a second target at the 1.3185 level, which coincides with the resistance line of the upward channel. Please share this idea with your friends and click Boost 🚀