GBP/USD – 1H – BUYThe currency pair goes from the ascending trendline up.
A continuation of the uptrend upwards to the next resistance line at 1.31133 is considered certain.
Caution: A possible reversal of the trend in the direction of support at 1.30639 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.31744 |
| 2nd High | 1.31340 |
| Next High | 1.31133 |
| Current Price | 1.30869 |
| Next Low | 1.30639 |
| 2nd Low | 1.30588 |
| 3rd Low | 1.30019 |