GBP/USD – 30M – BUYThe combination jumps from the descending trendline up.
An ascending movement up to the next resistance at 1.33893 will continue.
Caution: A possible trend reversal in the direction of support at 1.32369 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.34271 |
| 2nd High | 1.34227 |
| Next High | 1.33893 |
| Current Price | 1.32770 |
| Next Low | 1.32369 |
| 2nd Low | 1.32198 |
| 3rd Low | 1.31531 |