GBP/USD is moving towards a line of 1.2676 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If GBP/USD continues in its current trajectory, we may see it move towards 1.2676 within the next 3 days.
Will GBP/USD break through the support level it tested before?
