GBP/USD has broken through resistance of a Channel Down. It has touched this line at least twice in the last 8 days.

GBP/USD has broken through resistance
GBP/USD has broken through a resistance line. It has touched this line at least twice in the last 8 days. This breakout may indicate a potential move to 1.2644 within the next 21 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.

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