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GBPUSD – breach of price line that’s been previously tested numerous times before

GBPUSD has broken through a resistance line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 8 days and suggests a possible target level to be around 1.3045 within the next 2 days.

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Nikkei 225 is approaching a resistance line of a Triangle. It has touched this line numerous times in the last 36 days.

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