GBP/USD – 1H – BUYThe currency pair breaks through the descending trendline upwards
A bullish trend upwards to the next resistance line at 1.30708 is expected.
Caution: A possible change in the direction of the support line at 1.29767 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.31028 |
| 2nd High | 1.30771 |
| Next High | 1.30708 |
| Current Price | 1.29747 |
| Next Low | 1.29767 |
| 2nd Low | 1.29735 |
| 3rd Low | 1.29398 |