GBP/USD – 30M – BUYThe combination breaks through the descending trendline up.
An ascending movement upwards to the next resistance level at 1.34271 will persist.
Caution: A possible trend reversal in the direction of the support level at 1.33656 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.34336 |
| Next High | 1.34271 |
| Current Price | 1.34077 |
| Next Low | 1.33656 |
| 2nd Low | 1.33598 |
| 3rd Low | 1.33339 |