GBP/USD – 30M – BUYThe combination jumps from the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance at 1.29928 is certain.
Caution: A possible counter-trend in the direction of the support level at 1.29343 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.30147 |
| 2nd High | 1.29985 |
| Next High | 1.29928 |
| Current Price | 1.29566 |
| Next Low | 1.29343 |
| 2nd Low | 1.29157 |
| 3rd Low | 1.28841 |