GBP/USD is heading towards 1.2343 and could reach this point within the next 3 days. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
A final push possible on GBP/USD as it starts approaching a price line of 1.2343.
