GBP/USD – 30M – BUYThe combination breaks through the bearish trendline up.
An ascent up to the next resistance level at 1.29985 is expected.
Caution: A possible counter-trend in the direction of the support zone at 1.29453 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.30151 |
| 2nd High | 1.30147 |
| Next High | 1.29985 |
| Current Price | 1.29865 |
| Next Low | 1.29453 |
| 2nd Low | 1.29157 |
| 3rd Low | 1.28841 |