GBP/USD has broken through a support line. It has touched this line at least twice in the last 13 days. This breakout may indicate a potential move to 1.2058 within the next 2 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
GBP/USD has broken through support of a Rising Wedge. It has touched this line at least twice in the last 13 days.
