GBP/USD has broken through a support line. It has touched this line at least twice in the last 2 days. This breakout may indicate a potential move to 1.1750 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.
GBP/USD has broken through support of a Pennant. It has touched this line at least twice in the last 2 days.
