GBP/USD – 30M – BUYThe currency pair British Pound/US Dollar (GBP/USD) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance at 1.25795 will continue.
Caution: A possible trend reversal in the direction of the support line at 1.25246 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.26573 |
| 2nd High | 1.26164 |
| Next High | 1.25795 |
| Current Price | 1.26089 |
| Next Low | 1.25246 |
| 2nd Low | 1.25067 |
| 3rd Low | 1.24870 |