GBP/USD – 30M – BUYThe pair breaks through the bearish trendline upwards
A bullish movement upwards to the next resistance level at 1.30013 is likely expected.
Caution: A possible counter-trend in the direction of the support line at 1.29577 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.30572 |
| 2nd High | 1.30151 |
| Next High | 1.30013 |
| Current Price | 1.29860 |
| Next Low | 1.29577 |
| 2nd Low | 1.29393 |
| 3rd Low | 1.29072 |