GBP/USD – 30M – BUYThe pair British Pound/US Dollar (GBP/USD) breaks through the ascending trendline up.
A continuation of the uptrend upwards to the next resistance line at 1.36429 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 1.3578 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is expected. Target of the current trend is 1.36429 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of resistance at 1.36429 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.36613 |
| 2nd High | 1.36575 |
| Next High | 1.36429 |
| Current Price | 1.36228 |
| Next Low | 1.3578 |
| 2nd Low | 1.35343 |
| 3rd Low | 1.35132 |
1.36079 – 1.36429 – 1.35779 – 1.3578 – 1.35343 – 1.35132 —
1.36214 – 1.36239 —
68.417081279392 – 52.451438934512 —
– —
1.36079 – 1778128200
Trading Signals: FOREX – GBP – GBP/USD – USD – – – – – – – – – –