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GBP/USD – breach of price line thats been previously tested numerous times before

GBP/USD has broken through a support line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 6 days and suggests a possible target level to be around 1.2204 within the next 16 hours.

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After testing 25955.0000 numerous times, JPN225 has finally broken through. Can we expect a bearish trend to follow?

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Important price line breached by Johnson & Johnson. This price has been tested numerous times before.

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