GBP/USD has broken through a resistance line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 18 days and suggests a possible target level to be around 1.2604 within the next 3 days.
Breach of 1.2545 could mean a start of a bullish trend on GBP/USD
