GBP/USD has broken through the support line of a Rising Wedge. It has touched this line at least twice in the last 7 days. This breakout indicates a potential move to 1.2144 within the next 2 days. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.
ARTÍCULOS RELACIONADOS
GBPCHF seems to be on its way to support – a possible opportunity?
GBPCHF is moving towards a key support level at 1.0950. GBPCHF has previously tested this level 3 times…
USDCHF has formed 5 bearish candles successively, what is the probability of getting another bearish candle?
Due to the rate of consecutive bearish candles on USDCHF Daily chart we could be in for a…
Important support line being approached by CHFJPY. This price has been tested numerous time in the last 2 days
CHFJPY is moving towards a support line. Because we have seen it retrace from this line before, we…