The breakout of GBP/USD through the 1.2529 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, GBP/USD could test 1.2475 within the next 22 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout.
GBP/USD – breach of price line that’s been previously tested numerous times before
