GBP/USD – 30M – BUYThe pair breaks through the descending trendline upwards
An ascending movement upwards to the next resistance at 1.30665 will persist.
Caution: A possible trend reversal in the direction of the support level at 1.30199 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.30771 |
| 2nd High | 1.30708 |
| Next High | 1.30665 |
| Current Price | 1.30438 |
| Next Low | 1.30199 |
| 2nd Low | 1.29735 |
| 3rd Low | 1.29398 |