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After testing 1.2763 numerous times, GBP/USD is once again approaching this price point. Can we expect a bullish trend to follow?

The movement of GBP/USD towards 1.2763 price line is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 6 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.

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GBP/JPY Target Level: 137.3049

GBP/JPY Target Level: 137.3049

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JPN225 – breach of a trending resistance line that has been tested at least twice before.

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