GBP/USD – 30M – BUYThe combination goes from the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance at 1.30013 is considered certain.
Caution: A possible counter-trend in the direction of the support zone at 1.29577 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 1.2986668 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance line at 1.30013 should be noted.
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 | 1.29974 |
| Next Low | 1.29577 |
| 2nd Low | 1.29393 |
| 3rd Low | 1.29072 |