GBP/USD has broken through a support 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 21 days and suggests a possible target level to be around 1.2630 within the next 4 days.
GBP/USD has broken through a level it has tested 7 times in the recent past.
