Should we expect a bearish trend on GBP/USD?

The breakout of GBP/USD through the 1.2329 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of GBP/USD to test 1.2248 within the next 17 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.