GBP/USD is heading towards the support line of a Rising Wedge and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
ARTÍCULOS RELACIONADOS
Big movement possible on AUDJPY after a breach of 97.7030
AUDJPY has broken through 97.7030 which it has tested numerous times in the past. We have seen it…
Interesting opportunity on GBPUSD after breaking 1.3407553703703703
This trade setup on GBPUSD is formed by a period of consolidation; a period in which the price…
AUDCAD experienced a very large 9 hours bearish move to 0.91067.
AUDCAD has moved lower by 0.65% from 0.91662 to 0.91067 in the last 9 hours.