GBP/USD – 30M – BUYThe pair breaks through the descending trendline up.
An ascending movement upwards to the next resistance level at 1.29026 will persist.
Caution: A possible trend reversal in the direction of the support level at 1.28436 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.30151 |
| 2nd High | 1.30147 |
| Next High | 1.29026 |
| Current Price | 1.28982 |
| Next Low | 1.28436 |
| 2nd Low | |
| 3rd Low |