The breakout of GBP/USD through the resistance line of a Falling Wedge could be a sign of the road ahead. If this breakout persists, we may see the price of GBP/USD testing 1.2525 within the next 2 days.
Related Posts
A Falling Wedge has formed, AUDCAD is approaching resistance. Can we expect a breakout and the start of a new trend or a reversal?
An emerging Falling Wedge has been detected on AUDCAD on the 4 hour chart. There is a possible…
EURGBP moves higher to 0.8356 in the last 10 days.
For those of you that don’t believe in trends, this may be an opportunity to take advantage of…
USDCAD is quickly approaching a very important level it has previously tested numerous times in the past
USDCAD is approaching a support line at 1.3946. If it hits the support line, it may break through…