GBPUSD broke through important 1.2470 price line

GBPUSD has broken through a resistance line. It has touched this line numerous times in the last 16 days. This breakout shows a potential move to 1.2614 within the next 3 days. 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.
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