GBP/USD – 1H – BUYThe pair British Pound/US Dollar (GBP/USD) breaks through the bearish trendline up.
A bullish movement up to the next resistance at 1.36575 will persist.
Caution: A possible change in the direction of the support level at 1.34538 should be noted.
Consider stop-loss settings accordingly.
And also a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.36711 |
| 2nd High | 1.36613 |
| Next High | 1.36575 |
| Current Price | 1.35326 |
| Next Low | 1.34538 |
| 2nd Low | 1.34472 |
| 3rd Low | 1.33804 |
1.36575 – 1.35275 – 1.35757 – 1.3568 – 1.35865 – 1.34538 —
1.35668 – 1.35589 —
39.396667703035 – 34.264734212167 —
– —
1.36575 – 1777654800
Trading Signals: FOREX – GBP – GBP/USD – USD – – – – – – – – – –