GBP/USD has broken through a line of 1.2250. If this breakout holds true, we could see the price of GBP/USD heading towards 1.2200 within the next 22 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirm the breakout before placing any trades.
Related Posts
Rare set of bullish consecutive candles on the GBPJPY Daily chart. Can we expect a turn-around?
After posting 7 consecutive bullish candles in 8 days, you may start considering where GBPJPY is heading next,…
AUDCAD is currently testing a level of 0.8983. Will the breakout continue or will things reverse?
AUDCAD has broken through 0.8983 which it has tested numerous times in the past. We have seen it…
EURJPY through 172.33276470588237. Is this a confirming a breakout? Will it continue its path in the current trend toward 173.2395?
Ascending Triangle pattern identified on EURJPY has broken through a resistance level with the price momentum continuing to…