GBP/USD – 30M – BUYThe currency pair jumps from the bullish trendline upwards
A continuation of the bullish trend up to the next resistance level at 1.29468 is expected.
Caution: A possible counter-trend in the direction of the support line at 1.28689 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.30572 |
| 2nd High | 1.30476 |
| Next High | 1.29468 |
| Current Price | 1.29620 |
| Next Low | 1.28689 |
| 2nd Low | 1.28338 |
| 3rd Low |