GBP/USD – 1H – BUYThe currency pair British Pound/US Dollar (GBP/USD) breaks through the descending trendline upwards
A bullish movement up to the next resistance at 1.35674 is expected.
Caution: A possible trend reversal in the direction of the support line at 1.34913 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which is often a bullish chart signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.36712 |
| 2nd High | 1.36602 |
| Next High | 1.35674 |
| Current Price | 1.34976 |
| Next Low | 1.34913 |
| 2nd Low | 1.34138 |
| 3rd Low | 1.34013 |
1.35674 – 1.35017 – 1.34908 – 1.34913 – 1.34138 – 1.34013 —
1.35093 – 1.34965 —
47.181048433436 – 43.169784863561 —
– —
1.35674 – 1767690000
Trading Signals: FOREX – GBP – GBP/USD – USD – – – – – – – – – –