The combination British Pound/US Dollar (GBP/USD) jumps from the descending trendline up.
A bullish movement up to the next resistance line at 1.26993 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 1.26512 is within the realm of possibility.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.27459 |
2nd High | 1.27222 |
Next High | 1.26993 |
Current Price | 1.26761 |
Next Low | 1.26512 |
2nd Low | 1.26362 |
3rd Low | 1.26171 |