GBP/USD has broken through a resistance line. It has touched this line at least twice in the last 2 days. This breakout may indicate a potential move to 1.1981 within the next 8 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
Related Posts
If USDCAD touches 1.3644 it may be time to take action.
USDCAD is moving towards a support line. Because we have seen it retrace from this level in the…
Breach of resistance could mean a start of a bullish trend on GBPJPY
GBPJPY has broken through a resistance line of a Flag and suggests a possible movement to 199.9516 within…
Important price line breached by USDCHF. This price has been tested numerous times before.
USDCHF has broken through a line of 0.7991. If this breakout holds true, we could see the price…