GBP/USD has broken through a support line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 3 days and suggests a possible target level to be around 1.3366 within the next 12 hours.
It’s time to make a decision on GBP/USD – its recent breach of 1.3407 could be a sign of a new trend to follow.
