GBP/USD has broken through a support line. It has touched this line at least twice in the last 5 days. This breakout may indicate a potential move to 1.2440 within the next 19 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
GBP/USD has broken through support of a Rising Wedge. It has touched this line at least twice in the last 5 days.
