GBP/USD moved through the resistance line of a Falling Wedge at 1.2330022580645161 on the 30 Minutes chart. This line has been tested a number of times in the past and this breakout could mean an upcoming change from the current trend. It may continue in its current direction toward 1.2374.
Related Posts
Rare set of bullish consecutive candles on the GBPCHF Daily chart. Can we expect a turn-around?
GBPCHF has moved higher after 5 consecutive daily candles from 1.0954 to 1.1169 in the last 7 days.
After testing 0.6467 numerous times, AUDUSD has finally broken through. Can we expect a bullish trend to follow?
AUDUSD is once again retesting a key horizontal resistance level at 0.6467. It has tested this level 4…
EURUSD hits 1.12281 after a 2.49% move spanning 22 days
An unexpected large move has occurred on EURUSD Daily chart beginning at 1.151425 and ending at 1.12281. Is…