GBP/USD – 1H – BUYThe pair moves from the bullish trendline up.
A continuation of the uptrend upwards to the next resistance at 1.34227 is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at 1.33656 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.34336 |
| 2nd High | 1.34271 |
| Next High | 1.34227 |
| Current Price | 1.33723 |
| Next Low | 1.33656 |
| 2nd Low | 1.33598 |
| 3rd Low | 1.33120 |