GBP/USD is moving towards a support line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 20 days and may test it again within the next 4 days.
Related Posts
NZDUSD moves higher to 0.56537 in the last 15 hours.
NZDUSD has experienced an extremely big movement in last 15 hours. It may continue the trend, but this…
CHFJPY has broken through resistance of a Falling Wedge. It has touched this line at least twice in the last 8 days.
The breakout of CHFJPY through the resistance line of a Falling Wedge could be a sign of the…
A final push possible on EURJPY as it starts approaching a price line of 158.8550.
EURJPY is about to retest a key horizontal support level near 158.8550. It has tested this level 6…