Breach of support line imminent by GBPUSD
GBPUSD is moving towards the support line of a Triangle which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If GBPUSD continues in its current trajectory, we can expect it to reach 1.3886 within the next 2 days.
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