The combination British Pound/US Dollar (GBP/USD) breaks through the ascending trendline up.
A continuation of the upward movement up to the next resistance line at 1.26824 is likely expected.
Caution: A possible change in the direction of the support line at 1.26448 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 | 1.26940 |
Next High | 1.26824 |
Current Price | 1.26879 |
Next Low | 1.26448 |
2nd Low | 1.25663 |
3rd Low | 1.25246 |