GBP/USD – 1H – BUYThe combination British Pound/US Dollar (GBP/USD) breaks through the descending trendline upwards
A bullish trend upwards to the next resistance line at 1.32835 will persist.
Caution: A possible counter-trend in the direction of the support zone at 1.32024 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.32918 |
| Next High | 1.32835 |
| Current Price | 1.32853 |
| Next Low | 1.32024 |
| 2nd Low | 1.27428 |
| 3rd Low | 1.27243 |
1.32835 – 1.32918 – 1.32515 – 1.32024 – 1.27428 – 1.27243