After testing 156.8500 numerous times, BCHGBP is once again approaching this price point. Can we expect a bearish trend to follow?

The movement of BCHGBP towards 156.8500 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 8 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.