The combination British Pound/US Dollar (GBP/USD) breaks through the bearish trendline up.
A bullish ascent upwards to the next resistance line at 1.26666 is expected.
Caution: A possible reversal of the trend in the direction of support at 1.24744 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.27253 |
2nd High | 1.27181 |
Next High | 1.26666 |
Current Price | 1.26068 |
Next Low | 1.24744 |
2nd Low | |
3rd Low |