GBP/USD – 30M – BUYThe combination British Pound/US Dollar (GBP/USD) breaks through the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance line at 1.26824 is likely expected.
Caution: A possible counter-trend in the direction of the support line at 1.26448 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.27142 |
| 2nd High | 1.26940 |
| Next High | 1.26824 |
| Current Price | 1.27080 |
| Next Low | 1.26448 |
| 2nd Low | 1.25663 |
| 3rd Low | 1.25246 |