GBP/USD – 30M – BUYThe currency pair breaks through the descending trendline upwards
A bullish ascent upwards to the next resistance line at 1.29985 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 1.29157 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.30151 |
| 2nd High | 1.30147 |
| Next High | 1.29985 |
| Current Price | 1.29559 |
| Next Low | 1.29157 |
| 2nd Low | 1.28841 |
| 3rd Low | 1.28436 |