GBP/USD – 30M – BUYThe currency pair goes from the descending trendline up.
A bullish movement upwards to the next resistance line at 1.33316 is likely expected.
Caution: A possible change in the direction of the support line at 1.32198 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.33404 |
| Next High | 1.33316 |
| Current Price | 1.32872 |
| Next Low | 1.32198 |
| 2nd Low | 1.31531 |
| 3rd Low | 1.31460 |