GBP/USD – 30M – BUYThe combination breaks through the bearish trendline upwards
A bullish movement up to the next resistance at 1.29877 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 1.29479 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.30151 |
| 2nd High | 1.29945 |
| Next High | 1.29877 |
| Current Price | 1.29712 |
| Next Low | 1.29479 |
| 2nd Low | 1.29072 |
| 3rd Low |