GBPUSD – psychological price line breached

GBPUSD 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 13 days and suggests a possible target level to be around 1.1908 within the next 3 days.

Past performance is not an indicator of future results.
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