The movement of GBP/USD towards 1.2346 price line is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 13 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
After testing 1.2346 numerous times, GBP/USD is once again approaching this price point. Can we expect a bullish trend to follow?
