GBP/USD – 30M – BUYThe currency pair jumps from the bullish trendline up.
A continuation of the upward movement upwards to the next resistance level at 1.34336 will persist.
Caution: A possible counter-trend in the direction of the support zone at 1.33339 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Target of the current trend is 1.34336 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of resistance at 1.34336 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.34336 |
| Current Price | 1.33929 |
| Next Low | 1.33339 |
| 2nd Low | 1.33120 |
| 3rd Low | 1.32484 |