The chart illustrates a potential trading scenario for the Briti

1. Support Zone (Green Area):
This zone acts as a potential level where the price might find support and reverse upwards.


2. Resistance Zone (Red Area):
This marks a price level where upward momentum may face selling pressure and possibly reverse.


3. Proposed Price Movement:

The price is anticipated to rise from the support zone and break through intermediate resistance levels.

Two take-profit levels are identified at 1.22617 and 1.23185.




Strategy:

Entry Point: Near the support zone around 1.21958.

First Take Profit (TP1): At 1.22617.

Second Take Profit (TP2): At 1.23185.

Stop Loss: Likely just below the support zone to minimize risk.


This is a speculative forecast, and actual market movement may vary. Always manage risk appropriately when trading.