GBP/USD – 1H – BUYThe combination jumps from the descending trendline up.
A bullish ascent upwards to the next resistance level at 1.30715 is likely expected.
Caution: A possible reversal of the trend in the direction of the support zone at 1.30299 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.30934 |
| 2nd High | 1.30829 |
| Next High | 1.30715 |
| Current Price | 1.30729 |
| Next Low | 1.30299 |
| 2nd Low | 1.30219 |
| 3rd Low | 1.30019 |