The movement of GBP/USD towards 1.3018 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 17 hours, 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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GBPJPY is quickly approaching the resistance line of a Inverse Head and Shoulders. We expect either a breakout through this line or a rebound.
GBPJPY is moving towards a resistance line. Because we have seen it retrace from this line before, we…