The price of GBP/USD in heading back to the resistance area. It is possible that it will struggle to break through it and move back in the other direction. The price may eventually break through, but typically the price retreats from the level a number of times before doing so.
ARTÍCULOS RELACIONADOS
AUDCAD is approaching a resistance line of a Channel Up. It has touched this line numerous times in the last 8 days.
AUDCAD is trapped in a Channel Up formation, implying that a breakout is Imminent. This is a great…
Could a large bearish move on USDCAD be a sign of things to come?
USDCAD has moved lower by 1.2% from 1.44764 to 1.43033 in the last 5 days.
After testing 97.8530 numerous times, AUDJPY has finally broken through. Can we expect a bullish trend to follow?
AUDJPY has broken through a line of 97.8530 and suggests a possible movement to 98.4822 within the next…