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
AUD/USD keeps moving closer towards 0.6630. Will it finally breach this level?
AUD/USD is about to retest a key horizontal resistance level near 0.6630. It has tested this level 4…
We expect EURUSD to trend downwards right now.
Based on the last 12 PPI MoM events in United States, we could see a 90 pip movement…
We expect a $940 movement on GBPUSD within the next 4 hours.
We expect GBPUSD to trend upwards for the next 4 hours. Based on these past Germany ZEW Economic…