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
Is the extremely large movement on NZD/USD a sign of things to come?
NZD/USD has moved higher by 4.19% from 0.58776 to 0.61239 in the last 18 days.
An unexpected large move has occurred on AUD/USD Daily chart! Is this a sign of something new? What can we expect?
AUD/USD has experienced an exceptionally large movement higher by 4.1% from 0.64192 to 0.66822 in the last 29…
A final push possible on USD/CHF as it starts approaching a price line of 0.9055.
USD/CHF is moving towards a key support level at 0.9055. USD/CHF has previously tested this level 5 times…