GBP/USD – 30M – BUYThe currency pair breaks through the descending trendline up.
An ascending movement up to the next resistance level at 1.30013 is considered certain.
Caution: A possible trend reversal in the direction of the support zone at 1.29668 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.30572 |
| 2nd High | 1.30151 |
| Next High | 1.30013 |
| Current Price | 1.30013 |
| Next Low | 1.29668 |
| 2nd Low | 1.29577 |
| 3rd Low | 1.29393 |