GBP/USD has broken through a resistance line. It has touched this line numerous times in the last 4 days. This breakout shows a potential move to 1.2744 within the next 10 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
Related Posts
A possible move on AUDCAD as it heads towards resistance
AUDCAD was identified at around 0.895865 having recently rebounded of the support on the 4 hour data interval.…
Will AUDJPY break through the support level it tested before?
AUDJPY is en route to a very important line that will be a definite deciding factor of what…
NZDUSD experienced 5 consecutive daily bullish candles to reach a price of 0.6062
After posting 5 consecutive bullish candles in 8 days, you may start considering where NZDUSD is heading next,…