Cabana Capitals Blog Technical Analysis GBPUSD – psychological price line breached

GBPUSD – psychological price line breached

GBPUSD – psychological price line breached post thumbnail image

GBPUSD has broken through 1.2899 which it has tested numerous times in the past. We have seen it retrace from this price in the past. If this new trend persists, GBPUSD may be heading towards 1.2847 within the next 2 days.

Supported by Downward sloping Moving Average

Target: 1.2847 Entry: 1.289 Stop: 1.2926

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