The pair British Pound/US Dollar (GBP/USD) breaks through the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 1.36575 is certain.
Caution: A possible change in the direction of the support zone at 1.34538 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart scenario. The currency pair could go up.
Moreover a ‘StochRSI %K crosses above 0.2’ indicator layout is found. The indicator is ‘StochRSI %K crosses above 0.2’. which could be a positive chart scenario. The currency pair could go up.
Moreover a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.36711 |
| 2nd High | 1.36613 |
| Next High | 1.36575 |
| Current Price | 1.35567 |
| Next Low | 1.34538 |
| 2nd Low | 1.34472 |
| 3rd Low | 1.33804 |
1.36575 – 1.35275 – 1.35757 – 1.3568 – 1.35865 – 1.34538 —
1.36010 – 1.35590 —
53.51491583357 – 34.559471754745 —
– —
1.36575 – 1777654800
Trading Signals: FOREX – GBP – GBP/USD – USD – – – – – – – – – –