The movement of GBP/USD towards 1.3090 price line is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 11 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
Related Posts
After testing resistance twice in the past, USD/CAD has finally broken through. Can we expect a bullish trend to follow?
USD/CAD has broken through a resistance line of a Channel Down and suggests a possible movement to 1.3704…
USD/CHF may be on a start of a new bullish trend after its breakout through this important resistance level
USD/CHF has broken through a resistance line. Because we have seen it retrace from this price in the…
We expect a 18 pip movement on USDCAD for the next 2 hours.
We expect USDCAD to trend upwards for the next 2 hours. Based on these past Germany Ifo Business…