Big movement expected on GBP/USD

GBP/USD has broken through a line of 1.3746 and suggests a possible movement to 1.3831 within the next 3 days. It has tested this line numerous times in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 19 days.