GBP/USD – 1H – BUYThe currency pair British Pound/US Dollar (GBP/USD) breaks through the ascending trendline upwards
A continuation of the upward movement up to the next resistance line at 1.26164 will persist.
Caution: A possible trend reversal in the direction of the support level at 1.25246 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.27142 |
| 2nd High | 1.26595 |
| Next High | 1.26164 |
| Current Price | 1.26623 |
| Next Low | 1.25246 |
| 2nd Low | 1.25067 |
| 3rd Low | 1.24870 |