GBP/USD – 30M – BUYThe pair breaks through the descending trendline upwards
An ascending movement up to the next resistance at 1.31034 is expected.
Caution: A possible reversal of the trend in the direction of the support zone at 1.30588 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.31744 |
| 2nd High | 1.31340 |
| Next High | 1.31034 |
| Current Price | 1.31014 |
| Next Low | 1.30588 |
| 2nd Low | 1.30321 |
| 3rd Low | 1.30316 |