GBP/USD – 30M – BUYThe combination British Pound/US Dollar (GBP/USD) breaks through the descending trendline upwards
An ascent upwards to the next resistance level at 1.27202 is certain.
Caution: A possible counter-trend in the direction of the support zone at 1.26470 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.28732 |
| 2nd High | 1.27686 |
| Next High | 1.27202 |
| Current Price | 1.26789 |
| Next Low | 1.26470 |
| 2nd Low | 1.26296 |
| 3rd Low |