GBP/USD – 1H – BUYThe combination British Pound/US Dollar (GBP/USD) breaks through the bearish trendline up.
The bullish trend up to the next resistance at 1.26136 will persist.
Caution: A possible trend reversal in the direction of support at 1.25093 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.27253 |
| 2nd High | 1.26666 |
| Next High | 1.26136 |
| Current Price | 1.25492 |
| Next Low | 1.25093 |
| 2nd Low | 1.24744 |
| 3rd Low |