GBP/USD – 30M – BUYThe combination breaks through the descending trendline up.
The bullish trend up to the next resistance at 1.31426 will continue.
Caution: A possible change in the direction of the support level at 1.31006 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.32656 |
| 2nd High | 1.32380 |
| Next High | 1.31426 |
| Current Price | 1.31050 |
| Next Low | 1.31006 |
| 2nd Low | 1.30875 |
| 3rd Low | 1.30761 |