The combination British Pound/US Dollar (GBP/USD) breaks through the bearish trendline up.
A bullish ascent upwards to the next resistance line at 1.33764 is considered certain.
Caution: A possible reversal of the trend in the direction of the support zone at 1.32971 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘StochRSI %K line crosses above %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.34027 |
| 2nd High | 1.33864 |
| Next High | 1.33764 |
| Current Price | 1.33685 |
| Next Low | 1.32971 |
| 2nd Low | 1.32528 |
| 3rd Low | 1.31792 |
1.33764 – 1.33864 – 1.34027 – 1.32971 – 1.33056 – 1.33461 —
1.33590 – 1.33672 —
57.833049057994 – 54.836300051476 —
– —
1.33764 – 1772708400
Trading Signals: FOREX – GBP – GBP/USD – USD – – – – – – – – – –