The breakout of BCHGBP through the 211.2300 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, BCHGBP could test 199.2150 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout.
After testing 211.2300 numerous times, BCHGBP has finally broken through. Can we expect a bearish trend to follow?
