GBP/USD has broken through a line of 1.2915 which it has tested numerous times in the past. We have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 1.2946 can be expected within the next 14 hours.
Important price line breached by GBP/USD. This price has been tested numerous times before.
