GBP/USD has broken through a resistance line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 15 days and suggests a possible target level to be around 1.2182 within the next 3 days.
ARTÍCULOS RELACIONADOS
CHFJPY – breach of a trending resistance line that has been tested at least twice before.
The last 14 4 hour candles on CHFJPY formed a Triangle pattern and broken out through the pattern…
AUDCAD keeps moving closer towards 0.8880. Will it finally breach this level?
AUDCAD is moving towards a support line. Because we have seen it retrace from this level in the…
Is the extremely large movement on USDCHF a sign of things to come?
USDCHF has experienced an extremely big movement in last 3 days. It may continue the trend, but this…