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There is a possibility of a big movement on US30 after a breach of the support

US30 has broken through the support line of a Rising Wedge technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 15 days and suggests a possible target level to be around 42854.3585 within the next 3 days.

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After testing 1.3008 numerous times, GBP/USD has finally broken through. Can we expect a bearish trend to follow?

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