GBP/USD has broken through a line of 1.2669. If this breakout holds true, we could see the price of GBP/USD heading towards 1.2703 within the next 16 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout before placing any trades.
Related Posts
GBPCHF seems to be on its way to support – a possible opportunity?
GBPCHF is moving towards a key support level at 1.0950. GBPCHF has previously tested this level 3 times…
USDCHF has formed 5 bearish candles successively, what is the probability of getting another bearish candle?
Due to the rate of consecutive bearish candles on USDCHF Daily chart we could be in for a…
Important support line being approached by CHFJPY. This price has been tested numerous time in the last 2 days
CHFJPY is moving towards a support line. Because we have seen it retrace from this line before, we…