GBP/USD has broken through the support line of a Rising Wedge. It has touched this line at least twice in the last 7 days. This breakout indicates a potential move to 1.2144 within the next 2 days. Because we have seen it retrace from this positions 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 7 days.
