GBP/USD moved through the support line of a Channel Up at 1.3235852173913045 on the 15 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 1.3211.
Related Posts
A possible move on EURCHF as it heads towards resistance
Emerging Channel Up detected on EURCHF – the pattern is an emerging one and has not yet broken…
Important price line being approached by EURAUD. This price has been tested numerous times before.
EURAUD is en route to a very important line that will be a definite deciding factor of what…
A Triangle has formed, EURUSD is approaching resistance. Can we expect a breakout and the start of a new trend or a reversal?
EURUSD is moving towards a support line which it has tested numerous times in the past. We have…