GBP/USD has broken through a support line. It has touched this line numerous times in the last 6 days. This breakout shows a potential move to 1.2635 within the next 22 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
After testing 1.2669 numerous times, GBP/USD has finally broken through. Can we expect a bearish trend to follow?
