GBP/USD has broken through a resistance line. It has touched this line at least twice in the last 5 days. This breakout may indicate a potential move to 1.1116 within the next 14 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
GBP/USD has broken through resistance of a Falling Wedge. It has touched this line at least twice in the last 5 days.
