GBP/USD has broken through a support line. It has touched this line numerous times in the last 6 days. This breakout shows a potential move to 1.2533 within the next 19 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
Related Posts
AUDUSD – breach of a trending support line that has been tested at least twice before.
AUDUSD has broken through a support line of a Descending Triangle and suggests a possible movement to 0.6461…
AUDNZD moves higher to 1.11437 in the last 2 days.
Those of you that are trend followers are probably eagerly watching AUDNZD to see if its latest 0.8%…
After trying numerous times in the past, CHFJPY finally breaks 174.3430!
The price of CHFJPY in heading in the direction of 173.4600. Despite the recent breakout through 174.3430 it…