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
After testing support twice in the past, EURCHF has finally broken through. Can we expect a bearish trend to follow?
You would be well advised to confirm the breakout that has just occurred – do you believe the…
USDCHF may be on a start of a new bullish trend after its breakout through this important resistance level
The price of USDCHF in heading in the direction of 0.8417. Despite the recent breakout through 0.8268 it…
There is a possibility of a big movement on EURAUD after a breach of the resistance
The last 2 15 Minutes candles on EURAUD formed a Triangle pattern and broken out through the pattern…