GBP/USD has broken through a line of 1.2550. If this breakout holds true, we could see the price of GBP/USD heading towards 1.2593 within the next 11 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout before placing any trades.
Big movement possible on GBP/USD after a breach of 1.2550
