GBPUSD broke through important 1.2379 price line

GBPUSD has broken through a resistance line. It has touched this line numerous times in the last 6 days. This breakout shows a potential move to 1.2434 within the next 20 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.

Past performance is not an indicator of future results.
Losses can exceed deposits.