GBP/USD has broken through a support line of a Triangle chart pattern. If this breakout holds true, we may see the price of GBP/USD testing 1.2600 within the next 2 days. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking any action.
Related Posts
NZD/USD experienced a very large 17 days bullish move to 0.61289
NZD/USD has moved higher by 4.28% from 0.58776 to 0.61289 in the last 17 days.
USD/CHF is approaching 0.9089. We expect either a breakout through this line, or a rebound.
USD/CHF is moving towards a resistance line. Because we have seen it retrace from this level in the…
After trying numerous times in the past, USD/JPY finally breaks 154.9650!
A strong support level has been breached at 154.9650 on the 4 hour USD/JPY chart. Technical Analysis theory…