GBP/USD – 30M – BUYThe pair British Pound/US Dollar (GBP/USD) breaks through the bearish trendline up.
A bullish trend up to the next resistance level at 1.26969 is considered certain.
Caution: A possible trend reversal in the direction of support at 1.26378 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.27459 |
| 2nd High | 1.27222 |
| Next High | 1.26969 |
| Current Price | 1.26912 |
| Next Low | 1.26378 |
| 2nd Low | 1.26171 |
| 3rd Low | 1.25663 |