The currency pair British Pound/US Dollar (GBP/USD) breaks through the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance line at 1.34902 will persist.
Caution: A possible change in the direction of the support level at 1.32826 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.35748 |
| 2nd High | 1.35074 |
| Next High | 1.34902 |
| Current Price | 1.34356 |
| Next Low | 1.32826 |
| 2nd Low | 1.32528 |
| 3rd Low | 1.31792 |
1.34092 – 1.33864 – 1.34027 – 1.32826 – 1.33109 – 1.32971 —
1.34398 – 1.34253 —
70.235166844874 – 59.03002545799 —
– —
1.34092 – 1772820000
Trading Signals: FOREX – GBP – GBP/USD – USD – – – – – – – – – –