GBP/USD – 30M – BUYThe combination breaks through the ascending trendline up.
A continuation of the bullish trend up to the next resistance line at 1.30685 will continue.
Caution: A possible trend reversal in the direction of the support level at 1.30415 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.30829 |
| 2nd High | 1.30715 |
| Next High | 1.30685 |
| Current Price | 1.30823 |
| Next Low | 1.30415 |
| 2nd Low | 1.30299 |
| 3rd Low | 1.30219 |