The combination British Pound/US Dollar (GBP/USD) breaks through the bullish trendline upwards
A continuation of the bullish trend up to the next resistance at 1.37127 is certain.
Caution: A possible counter-trend in the direction of support at 1.36635 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘ ‘ indicator signal is existing. The indicator shows ‘ ‘. this is usually a bullish signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.37884 |
| 2nd High | 1.37522 |
| Next High | 1.37127 |
| Current Price | 1.38362 |
| Next Low | 1.36635 |
| 2nd Low | 1.36426 |
| 3rd Low | 1.34015 |
1.37127 – 1.36817 – 1.34589 – 1.36635 – 1.36426 – 1.34015 —
1.37119 – 1.37908 —
67.116963594864 – 70.351212536083 —
– —
1.37127 – 1769450400
Trading Signals: FOREX – GBP – GBP/USD – USD – – – – – – – – – –