GBP/USD – 30M – BUYThe combination goes from the bullish trendline up.
A continuation of the upward movement upwards to the next resistance level at 1.34227 is likely expected.
Caution: A possible counter-trend in the direction of the support line at 1.33741 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.34336 |
| 2nd High | 1.34271 |
| Next High | 1.34227 |
| Current Price | 1.34123 |
| Next Low | 1.33741 |
| 2nd Low | 1.33656 |
| 3rd Low | 1.33598 |