GBP/USD has broken through a support line. It has touched this line at least twice in the last 9 days. This breakout may indicate a potential move to 1.2395 within the next 2 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
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USD/CHF is moving towards a resistance line. Because we have seen it retrace from this level in the…