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After testing 1.2909 numerous times, GBP/USD is once again approaching this price point. Can we expect a bearish trend to follow?

The movement of GBP/USD towards 1.2909 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 8 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.

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Support line breached by E-mini S&P 500 MARCH 2020. This price has been tested at least twice before.

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Pfizer Inc. is quickly approaching 39.58. We expect either a breakout through this line, or a rebound.

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