GBPUSD – support line breached

GBPUSD has broken through a support line of a Rising Wedge chart pattern. If this breakout holds true, we may see the price of GBPUSD testing 1.2591 within the next 2 days. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking any action.

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