GBP/USD – 30M – BUYThe pair British Pound/US Dollar (GBP/USD) breaks through the bearish trendline upwards
An ascending movement upwards to the next resistance line at 1.26068 is expected.
Caution: A possible reversal of the trend in the direction of the support line at 1.25480 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.26595 |
| 2nd High | 1.26573 |
| Next High | 1.26068 |
| Current Price | 1.26017 |
| Next Low | 1.25480 |
| 2nd Low | 1.24870 |
| 3rd Low |