The movement of GBP/USD towards 1.2156 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
ARTÍCULOS RELACIONADOS
Supports and resistances are primary concepts of technical analysis. EURCAD is heading for an important price of 1.4871 – read about what this could mean for the future.
EURCAD is approaching a support line at 1.4871. If it hits the support line, it may break through…
AUDUSD moves lower to 0.62433 in the last 26 days.
AUDUSD hits 0.62433 after a 4.12% move spanning 26 days.
GBPUSD through 1.2532376923076922. Is this a confirming a breakout? Will it continue its path in the current trend toward 1.2489?
GBPUSD has broken through a support line. It has touched this line at least twice in the last…