GBP/USD has broken through a resistance line. It has touched this line numerous times in the last 8 days. This breakout shows a potential move to 1.2696 within the next 2 days. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
It’s time to make a decision on GBP/USD – its recent breach of 1.2645 could be a sign of a new trend to follow.
