GBP/USD – 30M – BUYThe combination breaks through the bearish trendline upwards
A bullish trend up to the next resistance line at 1.30829 is certain.
Caution: A possible trend reversal in the direction of the support level at 1.30403 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.31051 |
| 2nd High | 1.30934 |
| Next High | 1.30829 |
| Current Price | 1.30571 |
| Next Low | 1.30403 |
| 2nd Low | 1.30219 |
| 3rd Low | 1.30019 |