Receive the latest alerts via email

After testing support twice in the past, GBP/USD has finally broken through. Can we expect a bearish trend to follow?

The breakout of GBP/USD through the support line of a Rising Wedge could be a sign of the road ahead. If this breakout persists, we expect the price of GBP/USD to test 1.3078 within the next 18 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.

Total
0
Shares
Previous Post

Big movement expected on 10 year US Treasury Note MARCH 2020 after a breach of the resistance

Next Post

We expect YM to trend downwards for the next 12 hours.

Related Posts