GBP/USD – 30M – BUYThe currency pair British Pound/US Dollar (GBP/USD) breaks through the bearish trendline upwards
A bullish movement upwards to the next resistance level at 1.3102 will continue.
Caution: A possible counter-trend in the direction of the support line at 1.30382 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. this is usually a bullish chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.31544 |
| 2nd High | 1.31231 |
| Next High | 1.3102 |
| Current Price | 1.30999 |
| Next Low | 1.30382 |
| 2nd Low | 1.3037 |
| 3rd Low | 1.30111 |
1.3102 – 1.31231 – 1.31544 – 1.30382 – 1.30491 – 1.3037 —
1.30905 – 1.30990 —
54.622159076484 – 58.057381769192 —
– —
1.31020 – 1763721000
Trading Signals: FOREX – GBP – GBP/USD – USD – – – – – – – – – –