The breakout of GBP/USD through the 1.3082 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, GBP/USD could test 1.2945 within the next 6 days. One should always be cautious before placing a trade, wait for confirmation of the breakout.
Should we expect a bearish trend on GBP/USD?
