GBP/USD – 1H – BUYThe currency pair breaks through the bearish trendline upwards
An ascent upwards to the next resistance level at 1.32298 will persist.
Caution: A possible reversal of the trend in the direction of the support zone at 1.31460 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.32656 |
| 2nd High | 1.32380 |
| Next High | 1.32298 |
| Current Price | 1.32367 |
| Next Low | 1.31460 |
| 2nd Low | 1.31144 |
| 3rd Low | 1.30019 |