GBP/USD – 30M – BUYThe currency pair breaks through the ascending trendline upwards
A continuation of the uptrend up to the next resistance level at is likely expected.
Caution: A possible reversal of the trend in the direction of support at 1.32712 could happen.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Current target is 1.3314 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 1.33256 |
| Next Low | 1.32712 |
| 2nd Low | 1.32198 |
| 3rd Low | 1.31531 |