GBP/USD – 1H – BUYThe combination breaks through the bearish trendline up.
An ascent upwards to the next resistance line at 1.30715 is expected.
Caution: A possible change in the direction of the support level at 1.30299 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.30934 |
| 2nd High | 1.30829 |
| Next High | 1.30715 |
| Current Price | 1.30668 |
| Next Low | 1.30299 |
| 2nd Low | 1.30219 |
| 3rd Low | 1.30019 |