GBP/USD has broken through a line of 1.2735 and suggests a possible movement to 1.2845 within the next 3 days. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 16 days.
GBP/USD has broken through a resistance line. It has touched this line numerous times in the last 16 days.
