GBP/USD – 1H – BUYThe currency pair breaks through the bearish trendline up.
A bullish ascent up to the next resistance line at 1.30013 will continue.
Caution: A possible counter-trend in the direction of the support line at 1.29393 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.30708 |
| 2nd High | 1.30151 |
| Next High | 1.30013 |
| Current Price | 1.29858 |
| Next Low | 1.29393 |
| 2nd Low | 1.29072 |
| 3rd Low |