DASHGBP has broken through the support line of a Rising Wedge technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 2 days and suggests a possible target level to be around 25.5703 within the next 8 hours.
After testing support twice in the past, DASHGBP has finally broken through. Can we expect a bearish trend to follow?
