The movement of GBP/USD towards 1.2814 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 6 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
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After testing 1.2814 numerous times, GBP/USD is once again approaching this price point. Can we expect a bearish trend to follow?
December 19, 2019 2:09 pm
