GBP/USD – 1H – BUYThe combination British Pound/US Dollar (GBP/USD) breaks through the bearish trendline up.
A bullish ascent upwards to the next resistance at 1.27142 is certain.
Caution: A possible counter-trend in the direction of the support level at 1.26132 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.27686 |
| 2nd High | 1.27202 |
| Next High | 1.27142 |
| Current Price | 1.26527 |
| Next Low | 1.26132 |
| 2nd Low | 1.25975 |
| 3rd Low |