GBP/USD – 30M – BUYThe pair breaks through the descending trendline up.
A bullish movement upwards to the next resistance line at 1.30010 is considered certain.
Caution: A possible counter-trend in the direction of support at 1.29766 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.30771 |
| 2nd High | 1.30374 |
| Next High | 1.30010 |
| Current Price | 1.30016 |
| Next Low | 1.29766 |
| 2nd Low | 1.29743 |
| 3rd Low | 1.29398 |