GBP/USD – 1H – BUYThe currency pair breaks through the bearish trendline upwards
A bullish movement upwards to the next resistance level at 1.30829 is expected.
Caution: A possible counter-trend in the direction of the support level at 1.30416 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.31133 |
| 2nd High | 1.30934 |
| Next High | 1.30829 |
| Current Price | 1.30637 |
| Next Low | 1.30416 |
| 2nd Low | 1.30219 |
| 3rd Low | 1.30019 |