The currency pair British Pound/US Dollar (GBP/USD) breaks through the bearish trendline upwards
An ascent upwards to the next resistance at 1.26891 will persist.
Caution: A possible counter-trend in the direction of the support line at 1.26132 could happen.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.27202 |
2nd High | 1.26966 |
Next High | 1.26891 |
Current Price | 1.26909 |
Next Low | 1.26132 |
2nd Low | 1.26127 |
3rd Low | 1.25975 |