GBP/USD – 30M – BUYThe combination British Pound/US Dollar (GBP/USD) breaks through the bearish trendline upwards
A bullish ascent up to the next resistance level at 1.26404 is likely expected.
Caution: A possible reversal of the trend in the direction of the support line at 1.26127 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.26966 |
| 2nd High | 1.26423 |
| Next High | 1.26404 |
| Current Price | 1.26391 |
| Next Low | 1.26127 |
| 2nd Low | 1.25975 |
| 3rd Low |